STOCK TITAN

AGNT agrees to repurchase 8.7M shares at $3.68

AGNT, Inc. agreed to a related-party repurchase of 8.7 million shares at $3.68 per share, subject to closing by September 11, 2026.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

AGNT, Inc. (AGNT) disclosed that on September 3, 2026 it entered into a stock purchase agreement to repurchase 8,693,290 shares of its common stock from Frank Selden, as trustee of the Gratitude 2022 Trust. The agreed price is $3.68 per share, based on the five-day volume-weighted average price less a 10% discount, with closing subject to customary conditions, including delivery of a medallion-guaranteed stock power to the transfer agent. The agreement automatically terminates if closing has not occurred by September 11, 2026, unless extended as permitted. The Gratitude 2022 Trust’s beneficiaries are adult family members of Chairman and CEO Glenn Sanford, and the transaction was reviewed and approved by the audit committee of independent, disinterested directors under the company’s related person transaction policy, which determined the price is fair and in the company’s best interests.

Positive

  • None.

Negative

  • None.

Filing Explained

AGNT agreed to repurchase shares rather than issue new ones, but the holder-impacting transaction remained conditional on closing.

AGNT reports an agreement to repurchase 8,693,290 shares at $3.68 per share from the Gratitude 2022 Trust. As of September 8, 2026, closing remained conditional, so the filing establishes a proposed company repurchase rather than a completed change in shares outstanding.

Because AGNT is the purchaser, the disclosed mechanics are a repurchase rather than an issuance of additional shares; the filing does not report new shares being added under this agreement.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Shares to be repurchased 8,693,290 shares Common stock to be purchased from the Gratitude 2022 Trust under the agreement dated September 3, 2026
Repurchase price per share $3.68 per share Price for each Purchased Share under the stock purchase agreement
Discount to VWAP 10% Repurchase price set at five-day volume-weighted average price less a 10% discount
Agreement date September 3, 2026 Date AGNT, Inc. entered into the stock purchase agreement
Outside closing date September 11, 2026 Date by which closing must occur before automatic termination, subject to permitted extensions
Par value per share $0.00001 per share Par value of AGNT, Inc. common stock listed as registered under Section 12(b)
stock purchase agreement financial
"entered into a stock purchase agreement with Frank Selden as trustee"
A stock purchase agreement is a legal contract that sets the terms for buying or selling shares, specifying the price, number of shares, how payment is made, and any conditions or promises each side must meet. It matters to investors because it defines who owns what, when ownership changes, and what protections or obligations attach to the deal—think of it as a detailed receipt plus the house rules that determine the financial risks and benefits of the transaction.
volume-weighted average price financial
"equal to the volume-weighted average price of the Company’s common stock"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
medallion signature guarantee financial
"bearing a medallion signature guarantee, evidencing the transfer"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What material agreement did AGNT (AGNT) enter into on September 3, 2026?

AGNT, Inc. entered into a stock purchase agreement to repurchase 8,693,290 shares of its common stock from the Gratitude 2022 Trust at $3.68 per share, subject to customary closing conditions and a latest closing date of September 11, 2026, unless extended.

What is the share price AGNT (AGNT) will pay in the repurchase from the Gratitude 2022 Trust?

AGNT will pay $3.68 per share for the 8,693,290 repurchased shares. This price equals the volume-weighted average price of AGNT common stock over the five trading days before the pricing date, reduced by a 10% discount.

Who is selling shares to AGNT (AGNT) under this stock purchase agreement?

The seller is Frank Selden, as trustee of the Gratitude 2022 Trust. The company states that the sole beneficiaries of this trust are adult family members of Glenn Sanford, AGNT’s Chairman and Chief Executive Officer.

What conditions must be satisfied before AGNT’s share repurchase from the Gratitude 2022 Trust closes?

Closing is subject to customary conditions, including accurate representations and warranties, compliance with covenants, and receipt by AGNT’s transfer agent of a duly executed stock transfer power with a medallion signature guarantee evidencing transfer of the shares.

When will the AGNT (AGNT) stock purchase agreement terminate if the repurchase does not close?

The stock purchase agreement will automatically terminate if closing has not occurred on or before September 11, 2026, although AGNT may unilaterally extend that date under certain circumstances, and the parties may otherwise agree in writing to extend it.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
0001495932false00014959322026-09-032026-09-03

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 3, 2026

AGNT, INC.

(Exact name of registrant as specified in its charter)

Texas

001-38493

98-0681092

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

2219 Rimland Drive, Suite 301, Bellingham, WA

98226

(Address of principal executive offices)

(Zip Code)

(360) 685-4206

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.00001 par value per share

AGNT

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 1.01 Entry into a Material Definitive Agreement.

On September 3, 2026, AGNT, Inc. (the “Company”) entered into a stock purchase agreement with Frank Selden as trustee of the Gratitude 2022 Trust, as amended and restated (the “Investor”) to purchase 8,693,290 shares of common stock (the “Purchased Shares”) from the Investor. The purchase of the Purchased Shares will close subject to the satisfaction or waiver of customary closing conditions, including the accuracy of the parties’ respective representations and warranties and compliance with the parties’ respective covenants, as well as the satisfactory receipt by the Company’s transfer agent of a duly executed stock transfer power, bearing a medallion signature guarantee, evidencing the transfer of the Purchased Shared to the Company. The purchase price for the Purchased Shares will be $3.68 per share, equal to the volume-weighted average price of the Company’s common stock over the five trading days preceding the pricing date, less a 10% discount. The stock purchase agreement will automatically terminate if the closing has not occurred on or before September 11, 2026, although the Company may unilaterally extend that date under certain circumstances, and the parties may otherwise agree in writing to extend it.

The foregoing is only a brief description of the material terms of the stock purchase agreement and does not purport to be a complete description of the rights and obligations of the parties thereunder and is qualified in its entirety by reference to the full text of the stock purchase agreement. The stock purchase agreement is filed as an exhibit to this Current Report on Form 8-K, which is incorporated by reference herein.

The sole beneficiaries of the Gratitude 2022 Trust are adult family members of Glenn Sanford, the Company’s Chairman and Chief Executive Officer. The stock purchase agreement and the transactions contemplated thereby were reviewed and approved by the audit committee of the Board, consisting solely of independent and disinterested directors, in accordance with the Company’s related person transaction policy, and the audit committee determined that the purchase price is fair to, and in the best interests of, the Company.

Item 9.01 Financial Statements and Exhibits.

(d)       Exhibits.

Exhibit No.

Description

10.1*

Stock Purchase Agreement, dated as of September 3, 2026, between AGNT, Inc. and Frank Selden as trustee of the Gratitude 2022 Trust

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

*Certain personal information contained in this exhibit has been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K because it is (i) not material and (ii) is the type of information the registrant treats as private.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AGNT, Inc.

 

(Registrant)

 

 

Date: September 8, 2026

/s/ James Bramble

 

James Bramble

 

Chief Legal Counsel

Filing Exhibits & Attachments

4 documents

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