| Schedule of Consideration Transferred |
Total Acquisition Date Amounts Recognized as of May 12, 2025 | | | Delta | | | Deluxe | | | Proficient
Transport | | | Sierra | | | Tribeca | | | Total | | | Purchase consideration | | | | | | | | | | | | | | | | | | | | Cash consideration paid | | $ | 31,580,792 | | | $ | 35,597,237 | | | $ | 82,185,183 | | | $ | 17,442,396 | | | $ | 10,685,499 | | | $ | 177,491,107 | | | Stock consideration issued | | | 32,888,947 | | | | 20,907,990 | | | | 26,575,928 | | | | 13,949,040 | | | | 9,000,055 | | | | 103,321,960 | | | Contingent consideration – earn-out | | | — | | | | 3,095,114 | | | | — | | | | — | | | | — | | | | 3,095,114 | | | Total purchase price | | $ | 64,469,739 | | | $ | 59,600,341 | | | $ | 108,761,111 | | | $ | 31,391,436 | | | $ | 19,685,554 | | | $ | 283,908,181 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allocation of purchase price | | | | | | | | | | | | | | | | | | | | | | | | | | Fair value of net assets acquired | | $ | 36,911,739 | | | $ | 25,470,641 | | | $ | 50,428,659 | | | $ | 20,321,662 | | | $ | 9,255,115 | | | $ | 142,387,816 | | | Goodwill | | $ | 27,558,000 | | | $ | 34,129,700 | | | $ | 58,332,452 | | | $ | 11,069,774 | | | $ | 10,430,439 | | | $ | 141,520,365 | | The table below presents the consideration transferred and the allocation of the total consideration to tangible and intangible assets acquired and liabilities assumed from the acquisition of ATG based on the respective fair values as of December 31, 2024 as well as the measurement period adjustments recorded as of August 16, 2025: | | | December 31,
2024 | | | Adjustment | | | August 16,
2025 | | | Purchase consideration | | | | | | | | | | | Cash consideration paid | | $ | 28,938,295 | | | | (500,000 | ) | | $ | 28,438,295 | | | Stock consideration issued | | | 20,542,136 | | | | — | | | | 20,542,136 | | | Total purchase price | | $ | 49,480,431 | | | | (500,000 | ) | | $ | 48,980,431 | | | | | | | | | | | | | | | | | Allocation of purchase price | | | | | | | | | | | | | | Fair value of net assets acquired | | $ | 24,886,502 | | | | 218,438 | | | $ | 25,104,940 | | | Goodwill | | $ | 24,593,929 | | | | (718,438 | ) | | $ | 23,875,491 | |
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| Schedule of Recognized Intangible Assets |
The Company recognized intangible assets as follows: | | | Useful Life | | Delta | | | Deluxe | | | Proficient
Transport | | | Sierra | | | Tribeca | | | Total | | | Customer relationships | | 15 years | | $ | 34,200,000 | | | $ | 16,700,000 | | | $ | 32,600,000 | | | $ | 16,800,000 | | | $ | 2,200,000 | | | $ | 102,500,000 | | | Trade names | | 10 years | | | 1,800,000 | | | | 2,600,000 | | | | 4,300,000 | | | | 2,400,000 | | | | 1,300,000 | | | | 12,400,000 | | | Total | | | | $ | 36,000,000 | | | $ | 19,300,000 | | | $ | 36,900,000 | | | $ | 19,200,000 | | | $ | 3,500,000 | | | $ | 114,900,000 | | The Company recognized intangible assets as follows: | | | Useful Life | | Auto
Transport
Group | | | Customer relationships | | 15 years | | $ | 22,200,000 | | | Trade names | | 10 years | | | 1,100,000 | | | Total | | | | $ | 23,300,000 | |
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