Zoned Properties has entered into multiple definitive agreements for the sale and liquidation of all company assets and operations. The agreements include a $9 million short-term exclusive option for the sale of the Chino Valley, Green Valley, and Kingman properties in Arizona, as well as a $7 million management buyout covering all remaining assets and operations. Together, these transactions represent a gross sale price of $16 million. If the exclusive option on the Arizona properties is not exercised, those properties will be included in the management buyout at the same valuation. The company’s Special Transactions Committee, composed of independent directors, oversaw the negotiations and will engage a third-party expert to provide a fairness opinion on the management buyout agreement. Following completion of the asset sales and liquidation, the Board intends to pursue a reverse merger or similar transaction involving the public company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zoned Properties Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1128864) on January 20, 2026, and is solely responsible for the information contained therein.