Company: RIVF
Filing Date: 2025-06-09
Form Type: 10-KT/A
Source: 0001376474-25-000520
Chunk: 19

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-06-09
Form: 10-KT/A
Chunk 19
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 "Purchase Agreement"), dated March 1, 2024 to include The Dink Productions, LLC an Arizona limited Liability company, as an acquired asset. Additionally, the Purchase Agreement was amended as to the stock amount by increasing the number of shares by 5,239,941 for a total of 95,024,741 shares. All other terms and conditions of the Purchase Agreement shall remain in full force and effect. On September 26, 2024 the Company filed an 8-K disclosing that the Company, and Rivulet Media, Inc., entered into an addendum that amended the Asset Purchase Agreement(the "Purchase Agreement"), dated March 1, 2024 to include the Non Objecting beneficial Owners of shares of common stock that had not been included in the original agreement. Accordingly, the Purchase Agreement was 15 amended as to the stock amount by increasing the number of shares by 1,698,209 for a total of 96,722,950 shares. All other terms and conditions of the Purchase Agreement shall remain in full force and effect. On October 15, 2024 the Company filed an 8-K disclosing that on October 9, 2024, the Company and Rivulet Media, entered into a third addendum that amended the Asset Purchase Agreement(the "Purchase Agreement"), dated March 1, 2024 to remove Maughan Music, Inc. as a purchased asset and added Storyland Animation LLC as a purchased asset. The addendum also clarified the liabilities to read that liabilities due Rivulet Media, Inc., Rivulet Films, Inc. and all trade accounts, other than those that may be due to Nutcracker and /Kicklight, are not being assumed by the Company. All other terms and conditions of the Purchase Agreement shall remain in full force and effect. On May 19, 2025 the Company filed an 8-K disclosing that on October 9, 2024, the Company and Rivulet Media, entered into an addendum that amended the Asset Purchase Agreement (the "Purchase Agreement"), dated March 1, 2024 to reduce the cash portion of the purchase price from $10,000,000 to $6,450,000. Additionally, the conditions subject to closing and the default provisions were eliminated. All other terms and conditions of the Purchase Agreement still remain in full force and effect. Secured Promissory Notes On October 21, 2024, the Issuer entered into a Business Loan Agreement and secured Promissory Note with Z