Sadot Group Inc. has entered into an amendment to its Share Purchase Agreement, restructuring its acquisition of Anira Consulting FZC. Instead of acquiring the entire company, Sadot will now purchase only specific assets, primarily the 'TradeOS' commodity trading and risk management technology platform. The total purchase price has been reduced from $12.0 million to $11.5 million.
Key Details
- Transaction Restructuring: The deal, effective as of the original June 2, 2026 closing date, is now an asset purchase of the TradeOS platform and related intellectual property. Sadot will not acquire Anira's shares, employees, customers, or liabilities.
- Reduced Purchase Price: The aggregate purchase price was lowered by $500,000 to $11.5 million. This was achieved by reducing the principal amount of a promissory note from $5.0 million to $4.5 million.
- Consideration Terms: The total consideration consists of 135,000 common shares ($405,000), Series B Preferred Stock ($6.595 million), and the amended $4.5 million promissory note. The note is non-convertible, bears zero interest, and matures on June 2, 2028.