M&A: EzFill Holdings Inc
Form Type: 8-K
Filing Date: 2025-01-03
Corporate Action: Acquisition
Type: New
Accession Number: 000149315225000169
Comments: EzFill Holdings Inc. reported the completion of an acquisition involving the purchase of seventy-three (73) trucks and six (6) atmospheric storage tanks from Shell Retail and Convenience Operations LLC, totaling $4,840,121.61 for the trucks and $80,000 for the tanks, as per the Purchase and Sale Agreement dated December 27, 2024. This follows an earlier agreement on December 12, 2024, where EzFill was to acquire a total of seventy-eight (78) trucks. The agreement required a 7% non-refundable down payment paid on December 16, 2024. The acquisition process also involves customary representations, covenants, and indemnification obligations.
Document Link: View Document
Additional details:
Purchase Price: 4840121.61
Purchase Tanks Price: 80000
Number Of Trucks: 73
Number Of Tanks: 6
Down Payment: 379755.39
Down Payment Percentage: 7