March saw 52 micro-cap acquisition announcements made by OTC QX, QB, and PINK issuers.
Disclosed deal value for the month reached over $475 million. The majority of consideration for March acquisitions was stock (approx. $400 million).
Highlights include; Adaptive Medias, Inc. (OTCQB: ADTM) executing an LOI to acquire a "digital advertising technology company" with $30 million in annual revenues for a combination of cash and stock and School Specialty, Inc. (OTCQB: SCOO) acquiring “the rights to Healthy Kids Challenge® (HKC), a nationally recognized program providing evidence-based information and best practices to help children develop skills for healthy eating and physical activity choices”.
Companies saw an overall positive market reaction to acquisition news. On average, companies saw trading volume nearly double on the day of acquisition news.
See the full list of OTC micro-cap issuer working on acquisitions in March below.
OTC Acquisitions - March 2016
North America Frac Sand, Inc. (OTCQB: NAFS)
March 1, 2016 -- "North America Frac Sand, Inc. – Closes on Acquisition of North America Frac Sand (CA) Ltd."
Innovus Pharmaceuticals, Inc. (OTCQB: INNV)
March 1, 2016 -- "Innovus Pharmaceuticals Announces the Closing of the Acquisition of All of Beyond Human, LLCs Products Which Generated Over $2.2 Million in Sales in 2015"
Premier Holding Corp. (OTCQB: PRHL)
March 1, 2016 -- "Premier Holding Corporation Issues Letter of Intent to Acquire an Energy Company"
DTS8 Coffee Company, Ltd. (OTCQB: BKCT)
March 1, 2016 -- "DTS8 Coffee Executes Agreement to Acquire Private U.S. Coffee Roasting Company"
Firma Holdings Corp. (OTCPINK: FRMA)
March 1, 2016 -- "Firma Acquires Fully Permitted Magistral Tailings Project"
Empire Global Corp. (OTCQB: EMGL)
March 1, 2016 -- "Empire Global Corp. Continues Expansion Through Multiple Acquisitions and Implements New Commission Structure"
Madalena Energy Inc (OTCQX: MDLNF)
March 1, 2016 -- "Madalena Announces Strategic Coiron Amargo Acquisition and Cdn$27 Million Equity Financing to Advance Its Unconventional Shale and Scalable Resource Plays in Argentina"
Predictive Technology Group, Inc. (OTCPINK: PRED)
March 2, 2016 -- "Predictive Technology Group, Inc. (PRED) Announces "Letter of Intent" to Acquire ReNovo Biotech, Inc."
Solar Integrated Roofing Corporation (OTCPINK: SIRC)
March 2, 2016 -- "Solar Integrated Roofing Corp's. New CEO David Massey Gives Update on Company's Acquisitions and Forward Looking Revenues"
NuLegacy Gold Corporation (OTCQX: NULGF)
March 3, 2016 -- "NuLegacy Completes Acquisition of Barrick Gold's Interest in the Iceberg Deposit"
Globex Mining Enterprises Inc. (OTCQX: GLBXF)
March 3, 2016 -- "Globex Acquires Francoeur and Arntfield Gold Mine Properties"
Lomiko Metals Inc. (OTCQX: LMRMF)
March 3, 2016 -- "LOMIKO TECHNOLOGIES CLOSES ACQUISITION OF SMART HOME DEVICES LTD"
Pudo Inc. (OTCQB: PDPTF)
March 3, 2016 -- "PUDO Acquires Kinek"
Unique Pizza & Subs Corp. (OTCPINK: UPZS)
March 3, 2016 -- "Unique Pizza Announces the Acquisition of Jose Madrid Salsa"
Halitron, Inc. (OTCPINK: HAON)
Mrch 6, 2016 -- "Halitron, Inc. Finalizes Third Acquisition in 2016"
First Mining Finance Corp. (OTCQB: FFMGF)
March 7, 2016 -- "First Mining Finance to Acquire Pitt Gold Property From Brionor Resources Inc."
Claude Resources Inc. (OTCQB: CLGRF)
March 7, 2016 -- "Silver Standard to Acquire Claude Resources"
Citius Pharmaceuticals Inc. (OTCQB: CTXR)
March 7, 2016 -- "Citius Pharmaceuticals Signs Letter of Intent to Acquire Leonard Meron Biosciences"
Bionik Laboratories Corp. (OTCQX: BNKL)
March 7, 2016 -- "Bionik Laboratories Enters into Merger Agreement to Acquire Interactive Motion Technologies, Inc. (IMT)"
Rising India Inc. (OTCPINK: RSII)
March 7, 2016 -- "Rising India, Inc. Acquires TomCat Films, LLC and Summer Hill Films as Wholly Owned Subsidiary"
Southern Home Medical, Inc. (OTCPINK: SHOM)
March 7, 2016 -- "Revenues & Merger Update -- Southern Home Medical, Inc."
Compass Biotechnologies Inc. (OTCPINK: COBI)
March 8, 2016 -- "Compass Biotechnologies Inc. Announces Immanent Acquisition and Management Change"
Green Energy Enterprises, Inc. (OTCPINK: GYOG)
March 8, 2016 -- "GREEN ENERGY ENTERPRISES, INC. TO ACQUIRE BEO-ITS INC."
Anything Technologies Media Inc. (OTCPINK: EXMT)
March 9, 2016 -- "Anything Technologies Media Inc., Signs Letter of Intent to Acquire GSP an Innovative Technology Company focused on the Development of Drones"
Enertopia Corp (OTCQB: ENRT)
March 10, 2016 -- "Enertopia Closes Binding LOI for Acquisition of Supplements Business"
Pleasant Kids, Inc. (OTCPINK: PLKD)
March 11, 2016 -- "Next Group Holdings has Entered Into an Option Agreement Allowing it to Purchase a Controlling Interest in Innovative Gaming Technologies Provider Lubar Technologies"
Microlin Bio, Inc. (OTCPINK: MICB)
March 15, 2016 -- "Microlin Bio to Acquire Nucleic Acid Therapeutic Assets of Marina Biotech"
Image Technology Laboratories, Inc. (OTCPINK: IMTL)
March 15, 2016 -- "Image Technology Labs Completes Merger With Image Protect in a Deal Backed by Blackbridge Capital"
School Specialty, Inc. (OTCQB: SCOO)
March 15, 2016 -- "School Specialty’s SPARK® Acquires Healthy Kids Challenge®"
USA Restaurant Funding Inc. (OTCPINK: USAR)
March 15, 2016 -- "The Chron Organization Announces Letter of Intent to Acquire SafetyNet Security"
Nevis Capital Corp (OTCPINK: OCEE)
March 16, 2016 -- "Nevis Capital Corporation Announces Signing a Letter of Intent to Acquire a Percentage of Uptick Newswire LLC"
FutureLand Corp. (OTCPINK: FUTL)
March 16, 2016 -- "FutureLand (FUTL) Subsidiary Signs Purchase and Sales Agreement to Purchase Licensed Medical Marijuana Facility"
Where Food Comes From, Inc. (OTCQB: WFCF)
March 17, 2016 -- "Where Food Comes From Acquires Remaining 40% Interest in Validus Verification Services"
SOMO INC. (OTCQB: SMMO)
March 18, 2016 -- "SMMO: SOMO INC. Acquires Oil and Gas Assets"
Royal Energy Resources, Inc. (OTCQB: ROYE)
March 18, 2016 -- "Royal Energy Resources Acquires Majority Interest and Control of Rhino Resource Partners"
Pershing Resources Company, Inc. (OTCPINK: PSGR)
March 21, 2016 -- "Pershing Resources Exercises Option to Purchase Its Development Faciltiy"
Grillit, Inc. (OTCPINK: GRLT)
March 22, 2016 -- "Healthy & Tasty Brands Corporation Acquiring a Tulsa Oklahoma Restaurant"
American Green, Inc. (OTCPINK: ERBB)
March 22, 2016 -- "American Green Executes Purchase Agreement for Medical Marijuana Dispensary Building in Tempe, Arizona"
Singlepoint, Inc. (OTCPINK: SING)
March 22, 2016 -- "SinglePoint Announces Acquisition in GoDraft Daily Fantasy Sports Enterprise"
CPSM, Inc. (OTCQB: SWMM)
March 22, 2016 -- "CPSM, Inc. Finalizes Acquisition Of Sundook And Lighthouse"
iNeedMD Holdings, Inc. (OTCQB: NEMD)
March 22, 2016 -- "iNeedMD Signs Share Exchange Agreement to Acquire US Master Distributor Mediplex Alliances and Agrees to Appoint Jonathan Loutzenhiser as President"
Nevada Energy Metals Inc. (OTCPINK: SSMLF)
March 23, 2016 -- "Nevada Energy Metals Acquires New San Emidio Desert Li Project in Nevada"
Green Energy Enterprises, Inc. (OTCPINK: GYOG)
March 23, 2016 -- "Green Energy Enterprises, Inc.'s Acquisition of BEO-ITS Set to Close in April 2016"
Virtus Oil and Gas Corp. (OTCQB: VOIL)
March 23, 2016 -- "Virtus Oil and Gas Announces Execution of Asset Purchase and Sale Agreement of Squaw Canyon Prospect in Paradox Basin"
Fentura Financial, Inc. (OTCQX: FETM)
March 24, 2016 -- "Fentura to Expand with Community Bancorp Acquisition"
Royal Financial, Inc. (OTCQX: RYFL)
March 25, 2016 -- "Royal Financial Announces Progress on Park Bancorp Acquisition and $26.8 Million Sale of Distressed and Other Assets"
Adaptive Medias, Inc. (OTCQB: ADTM)
March 28, 2016 -- "Adaptive Medias Enters Into LOI to Merge With AdSupply"
Real Brands, Inc. (OTCPINK: RLBD)
March 29, 2016 -- "Real Brands, Inc. Announces Execution of Letter of Intent to Acquire Controlling Interest of the HillBilly Brand, Inc. Trademarks Previously Licensed by Real Brands, Inc."
Halitron, Inc. (OTCPINK: HAON)
March 29, 2016 -- "Halitron, Inc. Acquires ArchivalPhotoPages.com"
iBrands Corp. (OTCPINK: IBRC)
March 30, 2016 -- "iBrands Corporation Finalizes Acquisition of Green Tree"
Sunx Energy, Inc. (OTCPINK: SNXG)
March 31, 2016 -- "SunX Energy, Inc. Announces Pending Acquisition In The Marijuana Industry"
Terra Tech Corp. (OTCQX: TRTC)
March 31, 2016 -- "Terra Tech Corp. Closes Acquisition of Blüm Oakland, a Retail Medical Cannabis Dispensary"
Amfil Technologies Inc. (OTCPINK: AMFE)
March 31, 2016 -- "AMFIL TECHNOLOGIES INC. SIGNS L.O.I. TO ACQUIRE SNAKES & LAGERS INC; ANTICIPATES $2 MILLION - $3 MILLION IN ADDITIONAL ANNUAL REVENUE"
About Acquis Capital:
Acquis Capital is a private investment firm that specializes in funding strategic acquisitions. Acquis Capital's mission is to facilitate strategic acquisitions that increase the book and market value of top tier public companies, with market capitalizations under $300 million. To learn more please contact us today.
NOTE: THIS WEBSITE, BLOG, AND ALL OF ITS CONTENTS (THE “SITE”) ARE FOR INFORMATIONAL PURPOSES ONLY. THIS SITE SHOULD NOT BE CONSTRUED AS AN OFFER TO BUY OR SELL ANY SECURITIES OR AS AN OFFER TO TRANSACT. NOTHING ON THIS SITE SHOULD BE CONSIDERED FINANCIAL, LEGAL, OR TAX ADVICE. PLEASE READ OUR "LEGAL" SECTION HERE.