M&A - Moatable, Inc.

Form Type: 8-K

Filing Date: 2025-05-07

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925045235

Filing Summary: On May 1, 2025, Moatable, Inc., through its majority-owned subsidiary Trucker Path, entered into a Membership Interest Purchase Agreement to acquire the entire membership interest of Truckers Best Insurance LLC for approximately $3,000,000. The transaction is subject to customary closing conditions and includes specific performance-based earn-out targets. The agreement marks a significant business development for Moatable, Inc. in expanding its insurance offerings.