Shift Technologies, Inc. /
Fair Financial Corp.
Shift Technologies to acquire Fair marketplace assets
- Terms
- Not stated
- Stage
- Agreement signed
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.
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Shift Technologies to acquire Fair marketplace assets
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