Alpine 4 Technologies, Ltd. (OTCPK:ALPP) entered into an merger agreement to acquire Impossible Aerospace Corp. on November 13, 2020. The total Consideration” means such number of shares of Alpine 4 Preferred Shares equal to the quotient obtained by dividing (a) $6 million, plus or minus the Closing Adjustment, divided by (b) $3.50. At the Closing, the officers and directors of Impossible Aerospace immediately prior to the Effective Time shall resign, and the officers and directors of Alpine 4 immediately prior to the Closing shall be appointed as officers and directors of Surviving Corporation, in each case until their respective successors are duly elected or appointed and qualified. Spencer Gore, Chief Executive Officer of Impossible Aerospace, has been retained by the Impossible Aerospace. The deal is subject to Impossible Aerospace's shareholders approval, Impossible Aerospace will have delivered to Alpine 4 the resignations, effective as of the Closing, of each director and officer of Impossible Aerospace and the deal is approved by board of directors of both, Alpine 4 and Impossible Aerospace. Impossible Aerospace has also received approval from required holders of the Impossible Aerospace Shares on November 13, 2020. As of December 9, 2020, approval by the Small Business Association (SBA) and Silicon Valley Bank regarding forgiveness of the PPP loan they provided Impossible Aerospace has been obtained. The deal is expected to close on or before December 10, 2020. As of December 9, 2020, the transaction is expected to complete by December 15, 2020. C. Parkinson Lloyd of Kirton McConkie, P.C. acted as legal advisor to Alpine 4 Technologies, Ltd. and Patrick Kelly of M&H, LLP acted as legal advisor to Impossible Aerospace Corporation.