Sadot Group buys SalesIQ software assets for $300,000 cash plus preferred stock

Sadot Group completed its purchase of the SalesIQ software platform and related assets from SOFTECH RESOURCES LIMITED on September 30, 2026. The stated price is $300,000 in cash plus two series of preferred stock with a combined stated value of $7,450,000, and the preferred stock converts into common shares only if revenue, stockholder, and Nasdaq conditions are met within 36 months.

Key points

• Acquisition closed September 30, 2026; the seller is SOFTECH RESOURCES LIMITED of Hong Kong.
• Cash of $300,000 is payable in twelve $25,000 monthly installments, with the first paid at closing and the last due by August 2027.
• 3,575 Series D and 3,575 Series E non-voting preferred shares were issued, each series with a stated value of $3,575,000.
• Preferred stock converts into up to 550,000 common shares at $13.00 per share only if ARR milestones, stockholder approval and Nasdaq confirmation are met by 36 months after closing; otherwise it is cancelled.

The filing

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed3.02 Unregistered Equity Sale3.03 Change to Shareholder Rights5.03 Bylaw / Charter Amendment

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.