Sadot Group restructures Anira deal into USD 11.5 million TradeOS asset acquisition
SDOT•Purchase price and note terms
The purchase price was cut to USD 11.5 million after the promissory note was reduced to USD 4.5 million from USD 5 million.
The Amended and Restated Note is non-convertible, zero-coupon, and matures June 2, 2028. Prepayment is allowed at a 1% monthly discount to maturity.
Deal restructured into asset purchase
Sadot Group restructured its June 2 deal into an asset purchase of the TradeOS platform, related IP, and the Tradewell and TradeOS brands.
Anira transferred the purchased assets effective June 2; Sadot did not take Anira’s shares or assume its operating liabilities.
