Zoned Properties received $1.0 million in cash after closing sales of two Arizona properties.
Key Highlights:
- Sold Green Valley and Kingman properties to Broken Arrow Herbal Center; closings effectuated June 30, 2026.
- Purchaser paid $1.0 million on June 30, 2026—$0.5M allocated to each of the two closed properties.
- Closing for Chino Valley property extended by purchaser to August 31, 2026, with right to extend to Sept 30, 2026.
- Transaction governed by Purchase Agreement filed as Exhibit 10.1 to the company’s April 22, 2026 Form 8-K.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.