e2Companies LLC entered into a definitive agreement to acquire Minim, Inc. (NasdaqCM:MINM) in a reverse merger transaction on March 12, 2024. At the effective time of the merger, each common unit of e2Companies issued and outstanding will be converted into common stock of Minim based on a fixed exchange ratio, with any resulting fractional shares to be rounded to the nearest whole share. Interest holders of e2Companies will own approximately 97% of the combined company and securityholders of Minim will own approximately 3% of the combined company, on a fully diluted basis.

Following the merger, Minim, Inc. will be renamed ?e2Companies, Inc.?. The combined company?s Board of Directors after the Merger will consist of seven members, two of whom will be designated by Minim. The combined company will be led by James Richmond, CEO of e2Companies and creator of the world?s first Virtual Utility®.

The transaction is expected to close in the second quarter of 2024. Haynes and Boone, LLP acted as legal advisor to e2Companies. ABZ Law Office acted as legal advisor to Minim.