UNAUDITED PRO FORMA COMBINED CONDENSED INCOME STATEMENTUnaudited Pro Forma Combined Condensed Income Statement • August 19th, 2014 • Acme United Corp • Cutlery, handtools & general hardware
On June 2, 2014, Acme United Corporation, a Connecticut corporation (the “Company”), and First Aid Only, Inc., a Washington corporation (the “Seller”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company agreed to purchase substantially all of the Seller’s assets related to its first aid and industrial safety kit business (the “Business”) (the “Transaction”). The purchased assets include inventory, equipment, accounts receivable, patents, trademarks, other intellectual property and goodwill.
