Concorde Buys Software for Cash, Shares, and Revenue Share
Ticker: CIGL · Form: 6-K · Filed: Sep 15, 2025 · CIK: 2001794
| Field | Detail |
|---|---|
| Company | Concorde International Group Ltd. (CIGL) |
| Form Type | 6-K |
| Filed Date | Sep 15, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $4.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, software, international, shares
TL;DR
Concorde buys 'Software Risk' for AUD 50k cash, 100k restricted shares, and a 10% revenue cut.
AI Summary
On August 20, 2025, Concorde International Group Ltd.'s subsidiary, Concorde Singapore, entered into a Software Purchase Agreement to acquire the "Software Risk" software suite from Business Risk Investments Pty Ltd. The total purchase price includes AUD 50,000 cash, 100,000 restricted Class A ordinary shares, and a 10% revenue share for twelve months on Australian market income generated by the software.
Why It Matters
This acquisition signifies Concorde's expansion into new software assets, potentially enhancing its service offerings and market presence in Australia.
Risk Assessment
Risk Level: medium — The deal involves restricted shares with a lock-up period and a potential cash payout if shares aren't issued promptly, introducing some financial and execution risk.
Key Numbers
- AUD 50,000 — Cash Payment (Part of the initial purchase price for the software.)
- 100,000 — Restricted Shares (Issued as part of the purchase price, subject to a 12-month lock-up.)
- 10% — Revenue Share (For 12 months on income generated through the Software Risk platform in the Australian market.)
Key Players & Entities
- Concorde International Group Ltd. (company) — Registrant
- Concorde Singapore (company) — Wholly owned subsidiary of Concorde International Group Ltd.
- Business Risk Investments Pty Ltd (company) — Seller of the software
- Software Risk (software) — Proprietary software suite being acquired
- AUD 50,000 (dollar_amount) — Cash portion of the purchase price
- 100,000 (dollar_amount) — Number of restricted Class A ordinary shares in the purchase price
- US$4.00 (dollar_amount) — Minimum price per share if cash payment is substituted for unissued shares
- August 20, 2025 (date) — Date of the Software Purchase Agreement
FAQ
What specific assets are included in the "Software Risk" software suite acquisition?
The agreement includes all right, title, and interest in the proprietary "Software Risk" software suite and related assets, excluding certain hardware, goodwill, domains, and trading activities not associated with the Seller.
What is the deadline for the initial cash payment?
The AUD 50,000 cash payment is payable within seven days of the Agreement date, which was August 20, 2025.
What is the lock-up period for the restricted Class A ordinary shares?
The 100,000 restricted Class A ordinary shares are subject to a twelve-month lock-up period.
Under what conditions might the Seller receive a cash payment instead of shares?
If the Consideration Shares are not issued within six months of the Agreement date, the Seller may request a cash payment equal to the number of unissued shares multiplied by not less than US$4.00 per share.
Does the Seller retain any rights to the acquired assets until full payment?
Yes, the Seller retains title to the assets until both the cash payment and the issuance of Consideration Shares are completed.
Filing Stats: 636 words · 3 min read · ~2 pages · Grade level 14.1 · Accepted 2025-09-15 16:05:18
Key Financial Figures
- $4.00 — ed shares multiplied by not less than US$4.00 per share. The Seller retains title to
Filing Documents
- ea0257164-6k_concorde.htm (6-K) — 15KB
- ea025716401ex10-1_concorde.htm (EX-10.1) — 9KB
- ea025716401ex99-1_concorde.htm (EX-99.1) — 12KB
- ex10-1_001.jpg (GRAPHIC) — 990KB
- ex10-1_002.jpg (GRAPHIC) — 1049KB
- ex10-1_003.jpg (GRAPHIC) — 937KB
- ex10-1_004.jpg (GRAPHIC) — 876KB
- ex10-1_005.jpg (GRAPHIC) — 1124KB
- ex10-1_006.jpg (GRAPHIC) — 1019KB
- ex10-1_007.jpg (GRAPHIC) — 945KB
- ex10-1_008.jpg (GRAPHIC) — 321KB
- ex10-1_009.jpg (GRAPHIC) — 149KB
- ex10-1_010.jpg (GRAPHIC) — 580KB
- ex10-1_011.jpg (GRAPHIC) — 591KB
- ex10-1_012.jpg (GRAPHIC) — 292KB
- ex99-1_001.jpg (GRAPHIC) — 7KB
- 0001213900-25-087631.txt ( ) — 12269KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: September 15, 2025 CONCORDE INTERNATIONAL GROUP LTD By: /s/ Swee Kheng Chua Swee Kheng Chua Chief Executive Officer and Chairman 3