Mergers & Acquisitions ·
Fathom Holdings Inc. entered into an amendment to an existing Equity Purchase Agreement regarding the sale of Dagley…
FTHMFathom Holdings Inc.
Fathom Holdings Inc. entered into an amendment to an existing Equity Purchase Agreement regarding the sale of Dagley Insurance Agency, LLC. The amendment restructures a $3.0 million third payment into three installments: $985,000 paid prior to June 30, 2026, $1,000,000 due July 1, 2026, and $1,015,000 due September 1, 2026. Late payments incur a 1.50% monthly interest rate. Additionally, Nathan Dagley agreed to the cancellation of 278,000 shares of the company's common stock. The amendment also modifies seller affiliate obligations regarding client referrals through May 2, 2028, and includes mutual releases of claims. Fathom Holdings Inc. is a real estate and services company.