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