Item 7.01 Regulation FD Disclosure.
On
The information included in Item 7.01 to this Current Report on Form 8-K shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this Item 7.01 shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K.
Item 8.01. Other Events.
On
The purchase price of the two entities would aggregate to
Within the ensuing 60-day LOI period, the parties will explore the best deployment of these acquired assets, examine the auditability of the to-be-acquired entities, and commence the engagement of lawyers, auditors and investment bankers to support this project.
The Company has agreed to a commitment fee of
A definitive agreement will follow upon satisfaction of the contingencies, but
the parties acknowledge that there is the possibility that the conditions may
not be met. The Parties mutually agreed that the LOI would be valid for a period
of sixty (60) days from the date of signing, which was
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description 99.1 Press release of the registrant datedFebruary 23, 2023 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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