Item 8.01. Other Events

On January 25, 2021, GreenBox POS (the "Company") issued a press release announcing that the Company had entered into a non-binding Memorandum of Understanding to acquire ChargeSavvy LLC, a financial technology company specializing in payment processing and POS systems, for total consideration of $31.2 million in restricted shares of the Company's common stock. The transaction assumes a per share price of $2.00. The all-stock transaction is subject to the completion of an audit of ChargeSavvy's financial statements and customary closing conditions. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





Exhibit No.   Description
   99.1         Press Release dated January 25, 2021


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