Grillit Inc (GRLT)

[Jaxxm]

GRLT~Merger with $2.1 Billion Assets Under Management firm~DD

1) Merger News on 07/11/2024 :

GRILLiT, Inc. (OTC PINK: GRLT) and PRIMIOR inc. are excited to announce the signing of a Letter of Intent (LOI) to merge the assets of GRILLiT Inc with the private equity real estate investment firm Primior.

This merger further supports the transformation of GRILLiT into a multi-dimensional business that participates in real estate financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations, and early-stage financings.

The LOI outlines the key terms of the proposed merger, which values Primior at 30M and is expected to close in the late 3rd Quarter of 2024.

https://www.otcmarkets.com/stock/GRLT/news/GRILLiT-Inc-Announces-the-signing-of-LOI-to-merge-with-Primior?id=446449

2) About Primior:

Primior is an innovative real estate private equity investment firm established in 2012, headquartered in Newport Beach.

$502+ Million Global Investor Distributions
$2.1+ Billion Assets Under Management
$3.1+ Billion Previous Transactions

https://primior.com/

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3) GRLT Last 3 years no dilution shares structure the same

Authorized Shares 4,000,000,000
Outstanding Shares 3,853,836,751
Restricted 22,670,495
Unrestricted 3,831,166,256

https://www.otcmarkets.com/stock/GRLT/security
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