1.On May 31, 2020 (the “Closing Date”), Top Knot, Inc. USA (“TKIU”) obtained control of the Company from its previous CEO and Director, Oriel Rechtman (“Rechtman”), pursuant to a Conditional Stock Purchase Agreement, dated as of May 31, 2020 (the “SPA”), by and among TKIU and Rechtman.
2. Effective June 23, 2020, the Board of Directors of the Company unanimously elected Craig G. Delasin as Director to the Company and appointed Mr. Delasin to the office of President and Chief Executive Officer of the Company.
3. Following the Transaction, on July 7, 2020, TKIU assigned the SPA to Stonecrest Acquisitions, LLC, a Delaware limited liability company (“Stonecrest”).
URBAN-Capital Investment Group Initiative URBAN-CAPITAL INVESTMENT GROUP (CIG)
VISION PAYMENT SOLUTIONS (VPS)
URBAN RETAIL SMALL BUSINESS FUNDING Urban Retail has formed a strategic partnership with Three Sixty One Funding, a full-service capital funding company to help provide supplementary financing to small-and mid-sized business owners. The working capital can be used for any of your business needs.
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