BRIEF-Paltalk, Inc. To Acquire Newtek Technology Solutions, Inc. From Newtekone, Inc.

Reuters

2024/08/12

Aug 12 (Reuters) - Paltalk Inc :

* PALTALK, INC. ENTERS INTO AN AGREEMENT TO ACQUIRE NEWTEK TECHNOLOGY SOLUTIONS, INC. FROM NEWTEKONE, INC.

* TO PAY $4M CASH FOR NEWTEK TECHNOLOGY SOLUTIONS

* TO ISSUE 4M SHARES OF PREFERRED STOCK FOR NEWTEK DEAL

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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To Acquire Newtek Technology Solutions, Inc. From Newtekone, Inc.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-08-12 21:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Aug 12 (Reuters) - Paltalk Inc   :</p><p>   * PALTALK, INC. ENTERS INTO AN AGREEMENT TO ACQUIRE NEWTEK TECHNOLOGY SOLUTIONS, INC. 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