M&A - Golisano Holdings LLC

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Form Type: SCHEDULE 13D/A

Filing Date: 2025-04-24

Corporate Action: Acquisition

Type: Update

Accession Number: 000165523825000004

Filing Summary: On April 22, 2025, BTG Holdings and Akretive LLC entered into a Membership Interest Purchase and Sale Agreement for Akretive Holdings, where Akretive LLC agreed to purchase 100% of the membership interest for $10.00. This transaction resulted in the termination of previous agreements between Akretive Holdings and entities owned by David Van Andel, including a Voting Agreement dated October 5, 2015. As a result of this acquisition, B. Thomas Golisano and BTG Holdings are no longer beneficial owners of more than 5% of the Company's Common Stock. The document updates the reporting requirements and includes a termination of the Joint Filing Agreement effective April 22, 2025.

Additional details:

Membership Interest Purchased: 100%


Purchase Price: $10.00


Agreement Date: 2025-04-22


Termination Agreement Date: 2025-04-22


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