Item 1.01 Entry into a Material Definitive Agreement.
On
The Company received regulatory approval from
For consideration for the Shares, the Company shall pay the sellers in the
following manner: (i) FDCT is responsible for paying the net unrealized profits
(the "FDCT Share Purchase Price") calculated at the Effective Date, estimated to
be approximately
The Company has provided technical support and brokerage consulting to all NSFX
trading infrastructure since
The foregoing description of the Sales Purchase Agreement with NSFX does not purport to be complete and is qualified in its entirety by reference to the complete text of the document, which is filed as an exhibit to this report and is incorporated herein by reference.
Item 7.01 Regulation FD Disclosure
On
The information furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section, and is not deemed incorporated by reference in any filing of Basic's under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits. Exhibit Number Description 10.1 Sales Purchase Agreement datedDecember 31, 2022 . 99.1 Press release datedJanuary 06, 2023 . 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit) 2
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