Sadot acquires SalesIQ AI platform from Softech for stated $7.45M, mostly contingent preferred stock

Sadot Group Inc.

Closed Sept 30, 2026: Sadot acquired SalesIQ AI platform from Hong Kong-based Softech Resources; cash consideration is US$300,000 payable in 12 monthly US$25,000 installments through August 2027.
Issued 3,575 Series D and 3,575 Series E preferred shares, each stated value $1,000/share, for stated aggregate value of $7,450,000; no dividends, voting, redemption, or governance rights.
Preferred converts at $13.00 into up to 275,000 common shares per series (550,000 total) if ARR milestones ($250k D; $500k E), stockholder approval and Nasdaq confirmation are met within 36 months.
If conditions unmet by 36-month Milestone Deadline, each series is automatically cancelled for no consideration; Seller agreed to a voting agreement, 3-year standstill, and lock-up/volume limits.
Sadot plans to integrate SalesIQ with TradeIQ price-forecasting and TradeOS risk-management platforms; no assurance ARR milestones, stockholder approval or Nasdaq confirmation will be achieved.

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