Settlement of Curated Social earn-out

Summary by 6ix AI

RMA Global Ltd. has announced the settlement of the earn-out consideration related to its acquisition of Curated Social by its subsidiary RateMyAgent, Inc. The total earn-out amount settled is significantly less than the maximum originally agreed upon, with half to be paid in cash and the other half in newly issued shares of RMA Global Ltd. The cash payment will be made in installments, while the shares will be issued in two tranches.

Written by 6ix AI from the company’s filing. How 6ix writes summaries