Ankam, Inc. (ANKM): M&A transaction — Ankam, Inc. acquires Apex Intelligence LLC for $158,040 in cash and note

Ankam, Inc.

Acquired Apex Intelligence LLC, owner of currency converter service 'Apex', for total consideration of $158,040.
Initial cash payment of $20,000 at closing; remainder $138,040 via 10% promissory note due Jan 3, 2025.
If note not paid by due date, Ankam may issue common shares to seller in lieu of cash.
Seller Maksym Hordieiev continues as authorized manager post-acquisition.

item 1.01 item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Ankam, Inc. completed an acquisition involving Apex Intelligence LLC (closed 2024-01-03).

Action: acquisition
Counterparty: Apex Intelligence LLC
Closing: 2024-01-03

Exact text from the filing

On January 3, 2024, Ankam, Inc (the “Company”) entered into an Acquisition Agreement (the “Agreement”) for the acquisition of complete ownership of Apex Intelligence LLC, a Wyoming limited liability company (“LLC”), inclusive of the Apex, a currency converter service (the “Asset”), along with all codes, licenses, intellectual property rights, related documentation and all activities related to the business of the Asset.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ankam, Inc. entered into Acquisition Agreement with Apex Intelligence LLC (effective 2024-01-03).

Action: entry
Agreement: merger
Counterparty: Apex Intelligence LLC
Effective: 2024-01-03

Exact text from the filing

On January 3, 2024, Ankam, Inc (the "Company") entered into an Acquisition Agreement (the "Agreement") for the acquisition of Apex Intelligence LLC

View on SEC.gov

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Ankam, Inc. filing history →

Source: SEC EDGAR

accession 0001781629-24-000002

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