Sadot agrees to sell Pokemoto and Muscle Maker Grill chains for $4.25 million through a Letter of Intent.
Transaction Overview: Sadot Group has signed a letter of intent to sell its Pokemoto and Muscle Maker Grill restaurant chains for a total purchase price of $4.25 million, which includes $2.5 million in cash at closing and $1.75 million as secured notes.
Timeline and Conditions: The transaction is expected to be completed within 30-45 days, pending customary closing conditions and due diligence, with Sadot Group committed to keeping shareholders updated throughout the process.
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