Snap One Holdings Corp. (NasdaqGS:SNPO) acquired remaining minority stake in At Remote Maintenance Systems GP, LLC on October 24, 2022.

Snap One Holdings Corp. (NasdaqGS:SNPO) completed the acquisition of remaining minority stake in At Remote Maintenance Systems GP, LLC for $1.1 million on October 24, 2022. Under the terms of the transaction, Snap One Holdings agreed to issue 106,894 shares to the three founders in full satisfaction of purchase price for such remaining outstanding interests. 50% of the transaction equity is subject to a contractual lock-up period that will end on the 12-month anniversary of its issuance.