Janover Inc. (NasdaqCM:JNVR) acquired Groundbreaker Technologies, Inc. for $5 million on November 17, 2023. Janover issued 1,051,908 shares of common stock for a fair value of $945,665, or $0.90 per share. Additionally, the Company paid the Seller $60,000 in cash consideration. Additionally, the Company issued the right to three earnout payments totalling up to $4 million in value combined (the ?Earnout Payments?) which may be paid to Seller, subject to and payable in accordance with earnout thresholds specified in the Purchase Agreement. Each of these Earnout Payments may be comprised of cash and/or shares of common stock (the ?Earnout Shares?), and will have to be earned during the period between closing and December 31, 2026. The Seller has the option to receive either cash or shares of common stock.

Janover Inc. (NasdaqCM:JNVR) completed the acquisition of Groundbreaker Technologies, Inc. on November 17, 2023.