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Agreement signedPublished 4 Jun 2026

Nu Ride Inc. /
Affinity Advisory Network, LLC

Nu Ride agrees to buy Affinity Advisory Network

Buy side: Nu Ride Inc.
Buy sideNu Ride Inc.
Target: Affinity Advisory Network, LLC
TargetAffinity Advisory Network, LLC
NU RIDE INC. · 4 Jun 2026Source
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Follow Nu Ride Inc. Follow Affinity Advisory Network, LLC
Buy side: Nu Ride Inc.
Buy sideNu Ride Inc.
Target: Affinity Advisory Network, LLC
TargetAffinity Advisory Network, LLC
01 / BuyerNu Ride Inc.
02 / TargetAffinity Advisory Network, LLC
Source for the buyer and target: NU RIDE INC.

For the buyer and target.

“On June 2, 2026 (the “Signing Date”), Affinity Advisory Holdings Corp., a Delaware corporation (the “Buyer”) and a wholly-owned subsidiary of Nu Ride Inc. (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Affinity Advisory Network, LLC and AAN Wealth Advisors, LLC (together, “Affinity”), HIH M MFTG Trust and The Hall Companies Corporate Ohio Legacy Trust (the “Sellers”), and Robert Hall pursuant to which the Buyer agreed to acquire 100% of the issued and outstanding membership interests of Affinity from the Sellers.”

Published 4 Jun 2026

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01

What happened

Nu Ride has agreed to acquire a majority stake in Affinity Advisory Network, an Ohio-based business that combines insurance distribution with registered investment advisory services. The deal is structured as a membership interest purchase, with a cash payment at closing, Nu Ride Class A common stock and up to $1.312 million in possible earnout payments. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · NU RIDE INC.

Nu Ride agrees to buy Affinity Advisory Network

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

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  1. Published by NU RIDE INC.

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This dealNu Ride Inc. / Affinity Advisory Network, LLCAgreement signed · Published 4 Jun 2026
BuyerNu Ride Inc.TargetAffinity Advisory Network, LLC
This dealNu Ride Inc. / Affinity Advisory Network, LLC

Agreement signed · Nu Ride Inc. and Affinity Advisory Network, LLC: majority stake (Agreement signed, published 4 Jun 2026).

Published 4 Jun 2026
Timeline
  1. Published by NU RIDE INC.
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