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Stagewise Strategies disclosed indemnification terms in a share exchange agreement filed in an 8-K. The filing outlines deductible, claim minimum, caps and remedies tied to the agreement.
Stagewise Strategies said it entered into a share exchange agreement to acquire 99.99999012% of TEG SPV in exchange for 183,098,434 shares of common stock. The company said the closing is subject to customary conditions, including at least $18 million of concurrent financing.