XSport Global, Inc. (OTCPK:XSPT) entered into an agreement to acquire Shift Now Inc. from Kristi Griggs for $0.25 million in July 2018. Under the terms, the purchase price will consist of 0.7 million shares and $0.03 million in cash. At closing XSport Global will issue 0.45 million shares within ten business days. Upto additional 0.13 million shares will be issued if the gross revenues of Shift Now increase by $0.5 million during the 12 months following closing. Up to 0.13 million shares will be issued if gross revenues of Shift Now increase by $0.5 million following the 12 month anniversary and ending of 24th anniversary. Additional incentive will only be earned only if first incentive condition is satisfied. Along with this promissory notes worth $0.015 million will be delivered to seller within 12 months of closing and another promissory note worth $0.015 million will be paid within 12 month anniversary of closing and due within 12 month of issuance. XSport Global will assume the existing line of credit of the target made in favor of American National Bank in amount of $0.01 million. Shift Now will become division of XSport Global post-acquisition. In 2017, Shift Now had a revenue of $3 million. Additionally, 13 members of the Shift Now team will become employees of XSport Global. Kristi Griggs, the former principal shareholder of Shift Now to serve as Executive Vice President of the XSport Global's Shift Now division. Peter Campitiello of Kane Kessler acted as legal advisor to buyer and Nicholas Bakatsias of Carruthers & Roth, P.A acted as legal advisor to seller in the transaction. XSport Global, Inc. (OTCPK:XSPT) completed the acquisition of Shift Now Inc. from Kristi Griggs on August 28, 2018.