Information Analysis Incorporated (OTCPK:IAIC) acquired Tellenger, Inc. from David Tortorelli and Heather Tortorelli for $2.5 million on April 7, 2021. As part of the agreement, Information Analysis Incorporated will pay $2.3 million in cash plus a working capital adjustment of $11,429 and plus 68,264 shares of common stock which were valued at $0.2 million for the purpose of acquisition. Tellenger will continue to operate as a wholly-owned subsidiary until it, with all of its contracts, qualifications, certifications, and clearances, is able to fully integrate into Information Analysis Incorporated. Tellenger is expected to be accretive to IAI in revenue and earnings in its first year. Quantive, LLC acted as broker to David Tortorelli and Heather Tortorelli. Mark Wishner of Greenberg Traurig, LLP acted as legal advisor to Information Analysis Incorporated. Information Analysis Incorporated (OTCPK:IAIC) completed the acquisition of Tellenger, Inc. from David Tortorelli and Heather Tortorelli on April 7, 2021