Current Stage
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Our Current Goal.
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Transaction Timeline.
Agreement Dates.
Asset Purchase Agreement execution date:
November 1, 2024
Lease Contingency.
Lease contingency:
December 15, 2024- must coordinate through Specialty Group
License Transfer.
Apply for the License Transfer
Within 2 days of satisfying the above contingencies
PLCB Interview
Typically within 7-14 days of the transfer application filing date
Transfer Approval
On average, we receive approvals in 6-10 weeks from the placard date
Training.
Your Training/Orientation
Commencing thirty (30) days after PLCB license posting of the transfer, or sooner if mutually agreed upon. The Training/Orientation clause is valid for 1 days, no more than 4 days a week, 4 hours a day.
Your Training/Orientation
2 weeks prior to the closing date
Closing.
Final Walkthrough/Inspection
Within 24 hours of the closing/settlement date
Transfer Utilities
Within 24 hours of the closing/settlement date
Settlement Funds
Must be sent via wire at a minimum of 2 business days prior to closing
Lease Guide.
Agreement execution date:
November 1, 2024