NextPlat Corp /
Outfitter Satellite, Inc.
NextPlat to purchase Outfitter Satellite for $760,000.00
What happened
NextPlat Corp agreed to purchase all outstanding shares of Outfitter Satellite, Inc. in an all-cash transaction. The purchase price is $760,000.00, subject to certain adjustments.
The agreement provides for $660,000.00 to be paid at closing, with the remaining $100,000.00 payable upon delivery of audited financial statements for fiscal years 2022 and 2023.
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NextPlat to purchase Outfitter Satellite for $760,000.00
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