Alon Elbaz acquired 68.5% stake in Allegro Beauty Products, Inc. from Barbara Chardi for $0.41 million.
September 03, 2018
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Alon Elbaz entered into a securities purchase agreement to acquire 68.5% stake in Allegro Beauty Products, Inc. (OTCPK:AGBP) from Barbara Chardi for $0.41 million on August 23, 2018. Under the terms of the deal, Barbara Chardi will sell 5.5 million shares of Allegro Beauty Products in cash. As a result of the deal, Alon Elbaz will be appointed as Director and Chief Executive Officer of Allegro Beauty Products. Limor Mamon will be appointed as the Chief Financial Officer of Allegro Beauty Products. Barbara Chardi will resign as the sole officer and as a member of the Allegro Beauty Products’ Board of Directors. Steven Kronengold of SRK Kronengold Law Offices acted as the escrow agent on behalf of the deal.
Alon Elbaz completed the acquisition of 68.5% stake in Allegro Beauty Products, Inc. (OTCPK:AGBP) from Barbara Chardi on August 29, 2018.
Netpay International Inc, formerly Allegro Beauty Products Inc, is an Israel-based company that provides online payment gateway solutions. The Company offers the following solutions: GTW, a payment processing system; Payment Processing, a credit card, debit card, and alternative payment transaction compatibility, utilizing data security standards; Mobile, a mobile payment enablement; Alternative payments, such as bank transfers, direct debit, pre-paid cards; Multiple Processing Methods, such as Virtual Terminal, Mobile Swipe Credit Card Reader, Silent Post Transaction, Hosted Payment Page, Storefront Service; Multi-Currency, which allows users to receive payments for goods and services in a variety of currencies, as well as Flexible Billing, which allows users manage their payments the way they like them through Installments, Membership or Subscription.
NETPAY INTERNATIONAL, INC. 