Vertex Inc. filed SEC Form 8-K: Unregistered Sales of Equity Securities
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Item 3.02 | Unregistered Sales of Equity Securities. |
On August 6, 2024, Vertex, Inc. (the “Company”) entered into an agreement (the “Purchase Agreement”) by and among Christoph Ebm, Philipp Liegl, Marco Zapletal, Christian Huemer, Red-Stars.com Data AG, EPG European Property Group SE, Select Securities Europe S.à r.l (each, a “Seller”, and collectively, the “Sellers”) and the Company, pursuant to which, at the Closing, the Company shall purchase from the Sellers, and the Sellers shall sell to the Company, the entire share interest in ecosio GmbH, and as partial consideration for the purchase, the Company shall issue 945,435 shares of Class A Common Stock of the Company to the Sellers, subject to the achievement of the milestones and the other terms and conditions contained in the Purchase Agreement (the “Earn-Out Shares”).
The Earn-Out Shares will be issued in reliance upon Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) as a transaction not involving any public offering.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VERTEX, INC. | ||
| Date: August 8, 2024 | By: |
/s/ Bryan Rowland |
| Name: | Bryan Rowland | |
| Title: | General Counsel and Secretary | |