Home/Filings/8-K/0001683168-26-000406
8-K//Current report

Marquie Group, Inc. 8-K

Accession 0001683168-26-000406

$TMGICIK 0001434601operating

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 10:02 AM ET

Size

264.9 KB

Accession

0001683168-26-000406

Research Summary

AI-generated summary of this filing

Updated

Marquie Group Announces Second Amended Purchase Agreement; Mountain Brook Excluded

What Happened

  • Marquie Group, Inc. (TMGI) announced a Second Amended and Restated Purchase Agreement dated January 19, 2026, among the Company, sellers Marc and Jacquie Angell, and buyer GetGolf.com. The agreement amends the prior Purchase Agreement originally entered October 20, 2025 (amended December 8, 2025).
  • The amended deal formally excludes the Mountain Brook Golf Course from the transaction and recharacterizes certain payments to Marc Angell as purchase price consideration rather than compensation for services. Aside from those changes, the company says the material terms remain substantially consistent with prior disclosures. The Second Amended Purchase Agreement is filed as Exhibit 10.1 to the 8‑K.

Key Details

  • Date of amendment: January 19, 2026 (second amended and restated agreement).
  • Parties: Sellers Marc and Jacquie Angell; Buyer GetGolf.com; Company Marquie Group, Inc.
  • Mountain Brook Golf Course excluded from the assets to be acquired due to inability to secure mutually acceptable financing/terms.
  • Certain payments to Marc Angell are now characterized as purchase price, not service compensation.

Why It Matters

  • The exclusion of Mountain Brook reduces the scale of the originally announced transaction and could affect the assets and valuation being transferred to GetGolf.com.
  • Recharacterizing payments as purchase price may change how proceeds are treated (for accounting/tax reporting) and affects the structure of consideration paid to the sellers.
  • The company states it continues to proceed with the amended transaction; investors should review the full Second Amended and Restated Purchase Agreement (Exhibit 10.1) for details on consideration, closing conditions, and any remaining contingencies.