Agreement signedPublished 15 Mar 2022

Shift Technologies, Inc. /
Fair Financial Corp.

Shift Technologies to acquire Fair marketplace assets

Terms
Not stated
Stage
Agreement signed
Source · 15 Mar 2022
01 / BuyerShift Technologies, Inc.
02 / TargetFair Financial Corp.
01

What happened

Shift Technologies, Inc. agreed to acquire certain automotive dealer marketplace assets from Fair Financial Corp. and its affiliates. The acquisition is expected to close during the second quarter of 2022, subject to closing conditions.

Consideration includes $15,000,000 in cash and shares equal to 2.5% of Shift’s outstanding Class A common stock.

02

The source

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01
Source · Source

Shift Technologies to acquire Fair marketplace assets

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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  2. Expected close

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