---
schema_version: "secwatch.filing_event.v1"
accession: "0001851734-22-000722"
form_type: "8-K"
ticker: "FTLF"
cik: "0001374328"
company_name: "FITLIFE BRANDS, INC."
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:23:41.038896+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FitLife Brands enters into agreement to acquire Mimi's Rock Corp. for CAD $23.2M

## Summary
- FitLife Brands to acquire Mimi's Rock Corp. for ~CAD $23.2M total cash.
- CAD $14.1M to retire Mimi's debt; CAD $9.0M ($0.17/share) to shareholders.
- Funded by up to $12.5M debt financing from First Citizens Bank.
- Transaction requires shareholder, court, and regulatory approvals; termination fees CAD $0.5-1.0M.

## SEC filing metadata
- accession: 0001851734-22-000722
- form_type: 8-K
- ticker: FTLF
- cik: 0001374328
- company_name: FITLIFE BRANDS, INC.
- filed_at: 2022-12-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/0001851734-22-000722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/ftlf20221207_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001851734-22-000722
- JSON: https://secwatch.observer/filing/0001851734-22-000722.json
- Plain text: https://secwatch.observer/filing/0001851734-22-000722.txt

## Key facts
- Material Agreements
  FITLIFE BRANDS, INC. entered into Arrangement Agreement with Mimi's Rock Corp. valued at approximately CAD $23.2 million (effective 2022-12-04).
  - Action: entry
  - Agreement: merger
  - Counterparty: Mimi's Rock Corp.
  - Value: approximately CAD $23.2 million
  - Effective: 2022-12-04
  source text: On December 4, 2022, FitLife Brands, Inc. (“ FitLife ”) entered into an Arrangement Agreement (the “ Agreement ”) with 1000374984 Ontario Inc. (“Subsidiary”, and collectively with FitLife, the “ Company ”), and Mimi’s Rock Corp. (“ Mimis ”), pursuant to which the Company has agreed to acquire Mimi’s for a total cash purchase price of approximately CAD $23.2 million, of which approximately CAD $14.1 million will be used to retire all of Mimi’s outstanding indebtedness, and approximately CAD $9.0 million, or CAD $0.17 per share, will be used to purchase all issued and outstanding shares of Mimi’s from its current shareholders (collectively, the “ Purchase Price ”) (the “ Acquisition ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/0001851734-22-000722-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.