Blum Holdings, Inc. (OTCPK:BLMH) has entered into letter of intent to acquire Safe Accessible Solutions, Inc for $1.7 million on May 1, 2024. The Consideration as follows (i) a secured promissory note in the aggregate principal amount of $1,000,071 to be paid in monthly installments of approximately $23,811 per month over 42 months (the "Note") (ii) the issuance of 945,605 shares of common stock of the Company. The Note may be converted into common stock of the Company at the transaction valuation, on terms to be agreed-upon.
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5-day change | 1st Jan Change | ||
0.3602 USD | +0.06% |
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-9.95% | -47.03% |
May. 15 | Earnings Flash (BLMH) BLUM HOLDINGS Reports Q1 Revenue $6.8M | MT |
May. 14 | Blum Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
1st Jan change | Capi. | |
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-47.03% | 3.06M | |
+1.68% | 2.62B | |
-17.86% | 1.22B | |
+47.78% | 505M | |
-21.36% | 368M | |
+37.09% | 172M | |
-2.51% | 91.71M | |
+38.20% | 55.75M |
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- Blum Holdings, Inc. has entered into letter of intent to acquire Safe Accessible Solutions, Inc for $1.7 million.