Excess /
IM Telecom
Excess purchases a 49% interest in IM Telecom from KonaTel
What happened
KonaTel agreed to sell its membership interest in IM Telecom to Excess for $10,000,000. The filing reports receipt of the initial purchase price on Jan. 30, 2024.
The sale is structured in two closings. Excess is to purchase the remaining 51% for $100 after the required approvals are obtained.
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Excess purchases a 49% interest in IM Telecom from KonaTel
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