M&A - EzFill Holdings Inc
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.
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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.
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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.
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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
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