Mergers & Acquisitions ·
The Glimpse Group, Inc. sold its wholly owned subsidiary, Glimpse Learning, LLC, to Glimpse Learning, Inc. for a…
GGRPGlimpse Group, Inc.
The Glimpse Group, Inc. sold its wholly owned subsidiary, Glimpse Learning, LLC, to Glimpse Learning, Inc. for a combination of 1,999,999 shares of the buyer's common stock (representing a 19.99% equity interest) and ongoing royalty payments totaling up to $1,200,000. The buyer, Glimpse Learning, Inc., is controlled by Lyron Bentovim, the company's former CEO and current 5% shareholder. The Glimpse Group, Inc. is a technology and software solutions provider in the education and professional development sector.