Parkit Enterprise Inc. announced that it has completed the acquisition of the remaining 50% interest in Fly Away Airport Parking in Nashville Tennessee from an arm's length vendor for an aggregate purchase price of $3,550,000, subject to customary adjustments. With this Acquisition, Parkit now owns 100% of Fly Away Airport Parking. Fly Away Airport Parking is an off airport parking lot located by the Nashville International Airport with 1,204 parking spaces on 8.5 acres of land.

The purchase price for the Acquisition is $3,550,000 USD, subject to customary adjustments, and was paid with funds on hand. Purchase Price and Payment: The purchase price for the Acquisition is USD 3,550,000, subject to customary adjustments, and was paid with funds on hand.