FitLife Brands, Inc. /
Irwin Naturals
FitLife Brands, Inc. completed its deal for Irwin Naturals.
Source for the buyer and target: FITLIFE BRANDS, INC.
For the buyer and target.
buyer
“On August 8, 2025 (the “ Closing Date ”), FitLife Brands, Inc. (the “ Company ”) entered into a Loan, Security and Guarantee Agreement (the “ Credit Agreement ”) with First-Citizens Bank & Trust Company (the “ Bank ”).”
target
“The Company used (i) $29,750,000 from the Term Loan to complete the purchase of substantially all of the assets of Irwin Naturals, a Nevada corporation (“ Irwin ”), and its related affiliates, pursuant to an Asset Purchase and Sale Agreement by and between the Company and Irwin (the “ APA ”) (the “ Asset Acquisition ”), as disclosed in Item 2.01 below; and (ii) $10,875,000 to pay off, retire and replace all existing debt of the Company as of the Closing Date.”
Published 11 Aug 2025
Open the sourceWhat happened
The deal for Irwin Naturals has closed, with FitLife Brands, Inc. as the buyer, at a stated price of $42.5 million. [01]
The filing from FITLIFE BRANDS, INC. is dated Aug. 11, 2025. [01]
The source
Everything on this page comes from the source below, quoted word for word.
FitLife Brands, Inc. completed its deal for Irwin Naturals.
This document is the source for the companies, stage, figure and people on this page.
Open the sourceTimeline
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