DealsJun 3, 2026, 05:26 PM
ReposiTrak Receives $2.325M in SPAR Group Stock for Services
AI Summary
ReposiTrak, Inc. amended its Services Agreement with SPAR Group, Inc., allowing it to receive payment in cash, SPAR Group common stock, or a combination. On May 29, 2026, ReposiTrak elected to receive an outstanding balance of $2,325,000 in SPAR Group stock, resulting in the issuance of 3,190,569 shares at a deemed value of $0.728710119 per share.
Key Highlights
- ReposiTrak amended its Services Agreement with SPAR Group, Inc. on March 29, 2026.
- The amendment allows ReposiTrak to elect payment in cash, SPAR Group common stock, or a combination.
- ReposiTrak elected to receive payment for an outstanding balance in SPAR Group stock on May 29, 2026.
- ReposiTrak received 3,190,569 shares of SPAR Group stock.
- The shares were valued at $0.728710119 per share.
- The total payment received in stock was $2,325,000.
Price Impact
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