ACQUISITION OF VINOVEST - Allocation of the purchase price (Details) - Vinovest, Inc |
Mar. 17, 2026
USD ($)
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|---|---|
| Property Acquisition | |
| Stock paid to Vinovest | $ 14,000,000 |
| Total Consideration Paid | 14,000,000 |
| Allocated to: | |
| Cash | 3,536,944 |
| Receivables and other current assets | 581,659 |
| Collectibles held | 1,128,858 |
| Assets under management | 97,428,306 |
| Fixed assets | 6,442 |
| Intangible assets | 12,654,169 |
| Accounts payable, accrued expenses and other current liabilities | (711,678) |
| Customer deposits | (100,624,700) |
| Net assets acquired | 14,000,000 |
| Excess of purchase price over net liabilities assumed before allocation to identifiable intangible assets and goodwill | $ 6,100,000 |
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- Definition Amount of consideration in excess of (less than) net assets acquired in business combination and recognized at acquisition date. Excludes goodwill and intangible assets. No definition available.
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- Definition Amount of assets under management acquired in business combination and recognized at acquisition date. No definition available.
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- Definition Amount of collectibles held acquired in business combination and recognized at acquisition date. No definition available.
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- Definition Amount of asset acquired in business combination and recognized at acquisition date, classified as other and current. Includes, but is not limited to, receivable from customer for product and service. No definition available.
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- Definition Amount of asset acquired in excess of (less than) liability assumed in business combination and recognized at acquisition date. Excludes goodwill and intangible assets. No definition available.
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- Definition Amount of accounts payable, accrued expenses and other current liabilities assumed in business combination and recognized at acquisition date, classified as current. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cash and cash equivalent acquired in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred revenue assumed in business combination and recognized at acquisition date, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of identifiable intangible asset acquired in business combination and recognized at acquisition date. Excludes goodwill and financial asset. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of property, plant, and equipment acquired in business combination and recognized at acquisition date. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Details
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