APPlife Digital Solutions, Inc. (OTCPK:ALDS) signed a binding letter of intent to acquire certain assets and operations of Lesalon Beauty Ltd on August 14, 2023. On October 26, 2023, APPlife Digital Solutions, Inc. signed an asset purchase agreement to acquire Certain assets and operations of Lesalon Beauty Ltd on October 26, 2023. Consideration for the acquisition will consist of APPlife digital common stock and cash. As part of the acquisition, APPlife will retain key members of LeSalon?s leadership and technical teams ensuring a smooth transition and continuity of service for existing customers. The deal is subject to closing conditions contained in the letter of intent. The agreement is subject to a period of audit to verify and record historical income and revenue prior to a formal closing. The transaction is expected to close in the third quarter of 2023.

APPlife Digital Solutions, Inc. (OTCPK:ALDS) completed the acquisition of Certain assets and operations of LeSalon Beauty for $1.4 million on January 11, 2024.