ALTITUDE INTERNATIONAL HOLDINGS, INC.

(ALTD)
Delayed OTC Markets  -  11:24 2022-07-05 am EDT
0.0255 USD   -24.03%
06/23ALTITUDE INTERNATIONAL HOLDINGS, INC. : Other Events (form 8-K)
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06/02ALTITUDE INTERNATIONAL HOLDINGS, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)
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05/19ALTITUDE INTERNATIONAL HOLDINGS, INC. Financial Statements and Exhibits (form 8-K/A)
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ALTITUDE INTERNATIONAL HOLDINGS, INC. : Other Events (form 8-K)

06/23/2022 | 06:03am EDT

Item 8.01 Other Events

On June 20, 2022, the Company's second deposit in the amount of $500,000 to Sandpiper Resort Properties, Inc. and Holiday Village of Sandpiper, Inc. (collectively, "Sandpiper"), delivered according to the terms of that certain Purchase and Sale Agreement effective as of April 25, 2022 (the "Agreement") for the purchase by the Company of property in Port Saint Lucie, Florida (the "Property"), became nonrefundable except in certain circumstances. The first deposit of $500,000 and the second deposit shall be applied to the Purchase Price of the Property upon closing and is nonrefundable to the Company except in the event of a default by Sandpiper of its obligations under the Agreement that is not cured within any applicable cure period provided in the Agreement or as otherwise specifically provided in this Agreement.

The Property being purchased is the Property on which the Company's facilities are currently located and where the Company currently operates and includes approximately 216 acres and approximately 3,000 feet of waterfront property.




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Managers and Directors
Greg Breunich Chairman, Chief Executive & Financial Officer
Greg Anthony President, Director & Chief Communications Officer
Scott Del Mastro Chief Operating Officer, Director & Executive VP
Gabe Jaramillo Director, Senior EVP & Director-Tennis Training
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