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Lakeland Florida Form 8815: What You Should Know
A.N.S.E. Mortgage, Inc. (OT CBB: NASA) has entered into a definitive agreement to acquire Digital Assurance Certification (DAC) and other assets of NAPA Company, a Florida Company that is a member of the digital asset management platform, Digital Assurance. Digital Assurance is a fully integrated technology platform providing a unified platform designed to control, monitor, manage and verify digital assets using a web-based portal, software platform and application programming interface (API). As part of NAPA's business, Digital Assurance provides digital assets with visibility, management and audit capabilities to support the asset's growth. Through this transaction, DAC will remain in business with its existing management team that will be integrated into NAPA's management team. As part of the transaction, DAC will issue a combination of Series C and D Floating Rate notes. NAPA will operate as a separate business unit separate from DAC, with a separate management team focused on supporting our unique digital asset management services. Incorporated in 2023 and based in St. Petersburg, Florida, NAPA employs more than 300 people in offices located throughout Florida and has revenues of more than 90 million. NAPA is a leading provider of digital assets' management solutions for small and mid-size businesses. To learn more about Digital Assurance and its offerings, please visit: NAPA Website: DAC Website: The NAPA Company is trading a combination of Series C and D Floating Rate Notes through the NASDAQ Capital Market. Our notes are listed under the symbol NAPA while the corresponding securities are listed under the symbol NAPA. As of September 28, 2018, the aggregate principal amount of the Series C Floating Rate Notes issued and outstanding was 150,700 (the “Series C Notes”). The Series C Notes, together with all accrued interest payable thereon, are convertible at any time prior to the due date of the Series C Notes at a conversion price equal to 100% of the principal amount thereof, plus accrued and unpaid interest to the date of conversion to the extent not yet accrued in cash.
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