NU RIDE INC. - 8-K Filing
Nu Ride Inc. agreed to acquire Affinity Advisory Network for $9.6 million in cash ($6.72 million at closing), 80,000 shares of Class A common stock, and up to $1.312 million in earnout payments. Robert Hall will retain a 15% ownership stake post-closing and serve as CEO of the acquired entity under an employment agreement with base salary of $125,000 annually. The transaction is expected to close by Q3 2026. (Items: 1.01 Entry into a Material Definitive Agreement, 3.02 Unregistered Sales of Equity Securities, 9.01 Financial Statements and Exhibits)
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