Recent Updates — VASO
VASO Corporation completed the sale of all issued and outstanding membership interests in its wholly owned subsidiary, NetWolves Network Services LLC, to COEO Solutions, LLC on July 31, 2026. This filing serves as an amendment to provide unaudited pro forma condensed consolidated financial information reflecting the disposition. The transaction was executed pursuant to an Equity Purchase Agreement dated July 31, 2026. VASO Corporation operates in the technology sector, providing software solutions and services.
On July 31, 2026, Vaso Corporation completed the sale of its wholly owned subsidiary, NetWolves Network Services LLC, to COEO Solutions, LLC. The transaction involved the purchase of all issued and outstanding membership interests for a base price of $14,500,000 in cash, subject to customary post-closing adjustments for net working capital, closing cash, indebtedness, and unpaid seller expenses. NetWolves provides managed network solutions, including design, redundancy, device management, and real-time monitoring. Following the completion, NetWolves ceased to be a subsidiary of Vaso. Pro forma financial information reflecting this disposition will be filed within four business days of the closing date. Vaso Corporation operates in the technology sector, providing IT infrastructure and managed network services.
VASO Corp appointed Shaun McMeans to its Board of Directors as a Class III director, effective July 23, 2026. Mr. McMeans, a financial expert and a member of McMeans's audit committee, will receive a one-time new director grant of 100,000 shares of Vaso common stock. Vaso Corporation is a MedTech company providing network and IT services, professional sales services, and proprietary medical products.