Cemtrex Inc. Announces Acquisition of PES Assets for $3.5M

What Happened

• Cemtrex Inc. (CETX) disclosed in an 8-K that it entered into an Asset Purchase Agreement on July 1, 2026 to acquire substantially all assets of PES from seller Mark Bohler. The purchase price is $3,500,000 in cash (subject to a customary working capital adjustment), with assumption of certain liabilities. The seller parties may receive up to approximately $1,750,000 in contingent earnout payments over three years based on specified gross profit targets.
• The company’s recent 8-K filings (originally filed July 6, 2026 and updated on September 16, 2026) also include the historical financial statements of PES and the required pro forma financial information related to the transaction.

Key Details

• Purchase price: $3,500,000 cash (subject to working capital adjustment).
• Contingent consideration: up to ~ $1,750,000 payable over three years tied to gross profit targets.
• Seller: Mark Bohler (individual, Indiana).
• Filing updates: inclusion of PES historical financial statements and pro forma financial information under Item 9.01.

Why It Matters

• This is a material acquisition that could affect Cemtrex’s future revenue, gross profit and balance sheet because the deal includes an upfront cash payment, potential future earnouts tied to performance, and assumed liabilities.
• The added historical and pro forma financials give investors concrete information to evaluate how PES’s results would have impacted Cemtrex’s past financials and may help assess the transaction’s expected financial impact going forward.