PAID, Inc. Subsidiary Acquires 80% Stake in Warehowz, Expanding Logistics Capabilities

summarizeSummary

PAID, Inc.'s subsidiary acquired an 80% stake in Warehowz, Inc., a warehousing solutions provider, for an initial $177,000 in stock and notes, aiming to expand its logistics platform and North American presence.

check_boxKey Events

• Strategic Acquisition Announced

  PAID, Inc., through its subsidiary ShipTime Canada Inc., acquired an 80% interest in Warehowz, Inc., an on-demand warehousing and fulfillment marketplace.

• Acquisition Terms Detailed

  The deal involves repaying $102,000 of Warehowz's debt in restricted common stock and a $75,000 convertible note, plus future earnout payments based on Warehowz's net revenue and net income for 2026 and 2027.

• Expansion of Logistics Capabilities

  This acquisition is intended to expand ShipTime's North American market presence and integrate warehousing solutions, enhancing its offerings for enterprise shippers.

• Warehowz Financials

  Warehowz, Inc. reported approximately $428,000 in revenue and a $79,800 net loss in 2025.

auto_awesomeAnalysis

This filing details PAID, Inc.'s subsidiary, ShipTime Canada Inc., acquiring an 80% interest in Warehowz, Inc., a North American on-demand warehousing and fulfillment marketplace. The acquisition, valued at an initial $177,000 in stock and convertible notes plus performance-based earnouts, is a strategic move to expand ShipTime's logistics technology platform and enhance its ability to support enterprise-level shippers. While Warehowz reported a net loss in 2025, the deal aims to integrate warehousing and fulfillment into ShipTime's ecosystem, offering customers faster options and scalable capacity. Investors should monitor the integration and Warehowz's future financial performance to assess the long-term value creation.