Jonathan Newton
was also appointed as the Secretary of the Company
Highest-materiality recent filing
Vaso Corporation terminates business combination agreement with Achari Ventures Holdings Corp. I
Vaso terminated the Business Combination Agreement with Achari on September 17, 2024.
Vaso shareholders approve business combination with Achari; Nasdaq listing expected
Special meeting held Sep 10, 2024; quorum of 129,015,962 shares (73.6% of voting power).
Vaso provides pro forma combined financials for Achari merger; 2023 revenue $81.0M, net loss $0.7M
Six months ended June 30, 2024 pro forma combined revenue $39.0M, net loss $1.5M.
Vaso Corporation to merge with SPAC Achari, uplist to Nasdaq at $176M valuation
Vaso to combine with Achari Ventures (AVHI) at $176M equity value ($10/share); expected close Q1 2024.
was also appointed as the Secretary of the Company
Mr. Peter C. Castle, previously Chief Operating Officer, will continue in his capacity as President of the Company’s wholly-owned subsidiary, VasoTechnology, Inc.
Effective January 1, 2025, the Board of Directors appointed Jane Moen as its Chief Operating Officer.
Jonathan Newton, previously Co-Chief Financial Officer and Treasurer of the Company, continues as the company’s sole Chief Financial Officer and Treasurer and was also appointed as the Secretary of the Company.
Effective January 1, 2025, Michael Beecher, previously Co-Chief Financial Officer and Secretary, ceased serving in those roles but will continue to be employed by the Company as a financial advisor.
On March 23, 2023, Leon Dembo (68 years of age) was appointed by the Board of Directors as an independent director of the Company, effective as of April 3, 2023 to serve in Class II until the Annual Meeting of Shareholders in 2025.
Max materiality 0.90 · Median 0.50 · Most common event m_and_a