XS Financial Inc. (CNSX:XSF) entered into an agreement to acquire CA Licensed Lenders LLC on January 27, 2020. The consideration includes 450,671 common shares of the XS Financial valued at $0.39 resulting in total consideration valued $0.13 million. The transaction is subject to a 12-month lockup, and the payment of certain legal transaction costs and is expected to close in the second quarter of the 2020 calendar year.