Short answer
Crexendo, Inc. (CXDO) filed an 8-K current report with the SEC on May 4, 2026 reporting Item EX-99.1 (Exhibit EX-99.2). Crexendo closed the $34.7M ESI acquisition, funded with $27.3M cash and 1,159,638 shares valued at $7.433M.
Crexendo, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item EX-99.1 · Exhibit EX-99.2
- Crexendo closed the $34.7M ESI acquisition, funded with $27.3M cash and 1,159,638 shares valued at $7.433M
- Pro forma 2025 revenue reaches $93.672M, combining Crexendo’s $68.167M with ESI’s $26.103M
- Pro forma net income falls to $2.533M after $4.733M annual intangible amortization and acquisition-related adjustments
- Cash declines to $4.732M from $31.378M, while ESI’s $5.198M related-party debt and $176K finance leases are repaid
- Share count rises to 30.841M basic shares, with seller lock-up expirations after six and twelve months posing potential selling pressure
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Crexendo, Inc. 8-K filings
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