secwatch.observer — SEC 8-K summary
======================================

Issuer:     Mondee Holdings, Inc. (—)
CIK:        0001828852
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001828852-23-000061
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mondee acquires Consolid Mexico for $4M cash plus earn-out up to $5M; 2022 rev ~$8M
--------------------------------------------------------------------------------

- Consideration: $4M cash at closing plus earn-out of up to $1M cash and 400k MOND shares (combined up to $5M).
- Consolid's 2022 net revenue ~$8M (6.8% take rate), adjusted EBITDA >$1M; serves ~1,000 customers.
- Third LATAM acquisition in 2023 (after Orinter and Interep); expands Mondee's 55k+ travel affiliate network.
- Earn-out shares issued in private placement exempt under Section 4(a)(2) of Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828852/000182885223000061/0001828852-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828852/000182885223000061/mond-20230512.htm
  HTML page:      https://secwatch.observer/filing/0001828852-23-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer