Vaso amends 8-K to add unaudited pro forma financials for NetWolves sale at $14.5 million cash price

Reuters2026/08/06 20:07

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Vaso filed an amended Form 8-K to update unaudited pro forma financials tied to the NetWolves divestiture announced July 31, 2026.
Pro forma cash and cash equivalents as of March 31, 2026 rise to $31.93 million from $21.97 million, reflecting $9.96 million net cash proceeds.
Pro forma adjustments assume a $14.5 million cash sale price, a $2.85 million escrow, net proceeds of $12.81 million.
Estimated pre-tax gain from the transaction remains about $0.8 million, subject to closing-date changes.
On a pro forma basis, 2025 net income increases to $6.16 million from $1.57 million due to removing NetWolves results.

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. Vaso Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-086128), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Vaso amends 8-K to add unaudited pro forma financials for NetWolves sale at $14.5 million cash price

You may also like

Crypto prices