secwatch.observer — SEC 8-K summary
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Issuer:     FITLIFE BRANDS, INC. (FTLF)
CIK:        0001374328
Form:       8-K
Filed at:   2022-12-08T23:59:59+00:00
Accession:  0001851734-22-000722
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/0001851734-22-000722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374328/000185173422000722/ftlf20221207_8k.htm
  HTML page:      https://secwatch.observer/filing/0001851734-22-000722

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