Zoned Properties, Inc. (ZDPY) Form 8-K — Oct 30, 2026
$ZDPYForm 8-KItems 1.01, 2.01, 3.03, 5.02, 8.01, 9.01Filed Oct 30, 2026, 5:19 PM ET0001213900-26-114508Original filing
Zoned Properties completed the sale of substantially all of its assets and 100% of its cannabis operations to BPB Partners, LLC on October 30, 2026 for a purchase price of $7.8 million, with the Buyer assuming roughly $7.94 million of indebtedness. The Buyer is owned by the company's own CEO Bryan McLaren, President/COO Berekk Blackwell, and employee Patrick Moroney, making this a related-party transaction approved by a Special Transactions Committee of independent directors after a fairness opinion from Marshall & Stevens.
Key figures
- Deal Value Usd
- 7800000
- Debt assumed by buyer
- 7941163
- Chino property sale price
- 7200000
- Net cash paid into escrow
- 475000
- Preferred redeemed shares
- 2000000
- Transaction expenses paid
- 37781
- Preferred redemption payment
- 2000000
- Mclaren contractor fee monthly
- 25000
- Pro forma six-month 2026 revenue
- 0
- Pro forma stockholders equity june 30 2026
- 10790171
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