Centric Brands Inc. (NasdaqCM:CTRC) acquired Zac Posen brand and all related intellectual property of Z Spoke, LLC on February 13, 2020. As part of the transaction, Centric Brands also acquired all existing licenses and collaboration agreements from the predecessor business. Centric Brands is not assuming any liabilities associated with the predecessor business. Centric Brands Inc. (NasdaqCM:CTRC) completed the acquisition of Zac Posen brand and all related intellectual property of Z Spoke, LLC on February 13, 2020.