Pursuant to the Merger Agreement, and subject to the terms and circumstances contained therein, at the closing of the Merger, Live Ventures paid Precision Marshall’s shareholders combination consideration of somewhere around $31.5 million in hard cash (the "Merger Consideration"), subject matter to (i) specific changes with regard to Precision Marshall’s cash, expenditures incurred in link with the Merger, financial debt, and internet doing work money balances at the closing of the Merger, (ii) the withholding of a part of the Merger Consideration in connection with the Precision shareholders’ indemnification ******s below the Merger Agreement, and (iii) the withholding of a part of the Merger Consideration as an expenditure account for the shareholders’ representative.

If your enterprise has registered a course of its equity securities below the Exchange Act, shareholders who get more than 5% of the excellent shares of that course need to file helpful operator reviews on Schedule 13D or 13G until eventually their holdings drop underneath 5%.

These filings consist of qualifications data about the shareholders who file them as well as their financial investment intentions, delivering buyers and the corporation with details about accumulations of securities that may well potentially transform or influence corporation administration and insurance policies.
Pursuant to the terms of a Contribution Agreement (the "Contribution Agreement") and in link with the Merger and the financing of the acquisition of Precision, the Company triggered the capital stock of Precision Marshall to be vested in Precision Holdings.



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