Mergers & Acquisitions ·
Sadot Group Inc. acquired the TradeIQ intellectual property from Litial Ltd for $6,000,000, consisting of $50,000…
SDOTSadot Group Inc.
Sadot Group Inc. acquired the TradeIQ intellectual property from Litial Ltd for $6,000,000, consisting of $50,000 cash, 200,000 common shares, and 3,950 shares of new Series C Preferred stock. The company also entered into a $100,000,000 senior secured convertible note financing and a $100,000,000 equity purchase facility. Sadot Group Inc. is a technology company focused on commodity trading and risk management software solutions.