Vynetic LLC acquired 81% stake in Wagz, Inc. from SigmaTron International, Inc. (NasdaqCM:SGMA) for $1 on April 28, 2023. Under the Stock Purchase Agreement, SigmaTron International also agreed to provide a $900,000 working capital term loan to Wagz during the month of April 2023. Following the sale, SigmaTron holds 19% stake in Wagz, Inc. Miriam Leskovar Burkland of Howard & Howard Attorneys acted as legal advisor to SigmaTron International. Scott E. Pueschel of Pierce Atwood acted as legal advisor to Vynetic.

Vynetic LLC completed the acquisition of 81% stake in Wagz, Inc. from SigmaTron International, Inc. (NasdaqCM:SGMA) on April 28, 2023.