Vera Bradley, Inc. entered into an Interest Purchase Agreement to acquire remaining 25% stake in Creative Genius, Inc. from Griffin Thall and Paul for $10 million.

Vera Bradley, Inc. (NasdaqGS:VRA) entered into an Interest Purchase Agreement to acquire remaining 25% stake in Creative Genius, Inc. from Griffin Thall and Paul Goodman for $10 million on January 23, 2023. The Transaction is expected to close on January 30, 2023. Stephen J. Hackman, Esq.

of Ice Miller LLP acted as legal advisor to Vera Bradley, Inc. Michael B. Abramson of Solomon Ward Seidenwurm & Smith acted as legal advisor to Creative Genius, Inc.