M&A - EzFill Holdings Inc

Back to List of Mergers and Acquisitions

Form Type: 8-K

Filing Date: 2025-01-03

Corporate Action: Acquisition

Type: New

Accession Number: 000149315225000169

Filing Summary: 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


Form Type: CORRESP

Filing Date: 2024-06-25

Corporate Action: Acquisition

Type: Update

Accession Number: 000149315224025151

Filing Summary: EzFill Holdings, Inc. has filed a correspondence letter in response to the SEC's comments regarding their Amendment No. 5 to Registration Statement on Form S-1. The filing details the commitment that the acquisition of NextNRG will close simultaneously with the closing of their current offering. The prospectus cover page has been updated to reflect this important condition of the offering, ensuring that no offering will be completed unless this acquisition is also finalized. The letter is addressed to SEC officials Brian Fetterolf and Donald Field, indicating ongoing communication with regulatory bodies about the company’s filings and potential acquisition.

Document Link: View Document

Additional details:

Registration Statement Type: S-1


Amendment Number: 5


Original Filing Date: 2024-05-08


File Number: 333-275761


Counsel Contact Name: Jeff Cahlon


Counsel Firm: Sichenzia Ross Ference Carmel LLP


Counsel Contact Phone: (212) 930-9700


Form Type: CORRESP

Filing Date: 2023-12-15

Corporate Action: Acquisition

Type: Update

Accession Number: 000149315223045106

Filing Summary: EzFill Holdings, Inc. filed an amendment to its previously submitted Registration Statement on Form S-1 in response to a comment letter from the SEC dated December 12, 2023. The amendment addresses concerns regarding the potential dilution public shareholders may face due to a forthcoming acquisition of Next Charging. The company has included a new risk factor discussing the expected dilution and provided new ownership percentages post-offering and post-acquisition for various shareholder groups. These changes aim to ensure that new public investors have a clear understanding of the company's ownership structure following these events, alongside a cross-reference included in the prospectus summary for ease of navigation.

Document Link: View Document

Additional details:

Registration Statement Filing Date: 2023-11-28


Acquisition Target: Next Charging


Risk Factor Details: Potential dilution for public shareholders


Ownership Percentages Disclosure: Yes


Cross Reference Added: Yes


Comments

No comments yet. Be the first to comment!