Michael W. Dyer entered into an agreement to acquire Cornerstone Technologies, LLC from Sonasoft Corporation (OTCPK:SSFT) for $0.73 million on October 1, 2022. In an all-cash transaction, the consideration was made up of a $250,000 payment upon closing and additional payments related to working capital adjustments and certain tax credit receivables to follow within 60 days of closing. The proceeds will allow Sonasoft to double down on delivering AI solutions for our core markets. Gina Austin of Austin Legal Group, APC acted as legal advisor to Cornerstone Technologies, LLC. Michael Violanti of Law Offices of Michael Violanti acted as legal advisor to Michael W. Dyer.

Michael W. Dyer completed the acquisition of Cornerstone Technologies, LLC from Sonasoft Corporation (OTCPK:SSFT) on October 9, 2022.