Re: Notice of Decision Not to Proceed with Acquisiti on – TheKey of Kansas, LLC

--00000000000009e009064199dc95 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Good Morning, can I please get a response stating that this was received? Thank you. Sincerely, Dane Johnson 913-908-9808 On Fri, Oct 17, 2025 at 11:54=E2=80=AFAM Dane Johnson wrote: > Dear Melissa Reyes and Timothy Thomas, > > We want to thank you and your team for your time and cooperation > throughout the diligence process. After careful review of the business an= d > its recent performance, we have determined that we will not be moving > forward with the proposed acquisition of TheKey of Kansas, LLC under the > terms outlined in our Letter of Intent dated September 18, 2025. > > During diligence, we observed a significant decline in recent weeks in > active client count and corresponding recurring revenue, which materially > impacts the financial sustainability of the business. Given these > developments, we do not believe it is prudent to proceed with the > transaction at this time. > > Please find attached a formal letter documenting our decision, signed by > both Buyers. > > We appreciate the responsiveness and professionalism of your team > throughout this process and wish you continued success moving forward. If > you have any questions or want to discuss it further, we are happy to mak= e > ourselves available. Please be advised, we have not shared this update wi= th > the team at The Key Kansas City or communicated anything about this > whatsoever. > > Warm regards, > > Grant Eckert > Buyer > > Dane Johnson > Buyer > 913-908-9808 > --00000000000009e009064199dc95 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Good Morning, can I please get a response stating tha= t this was received?=C2=A0 Thank you.=C2=A0 Sincerely, =C2=A0 Dane Johnson = 913-908-9808 On Fri, = Oct 17, 2025 at 11:54=E2=80=AFAM Dane Johnson < djohnson132004@gmail.com > wrote: Dear Melissa Reyes and = Timothy Thomas, We want to thank you = and your team for your time and cooperation throughout the diligence proces= s. After careful review of the business and its recent performance, we have= determined that we will not be moving forward with the proposed acquisitio= n of TheKey of Kansas, LLC under the terms outlined in our Letter of Intent= dated September 18, 2025. During dil= igence, we observed a significant decline in recent weeks in active client = count and corresponding recurring revenue, which materially impacts the fin= ancial sustainability of the business. Given these developments, we do not = believe it is prudent to proceed with the transaction at this time. Please find attached a formal letter documen= ting our decision, signed by both Buyers. We appreciate the responsiveness and professionalism of your team thro= ughout this process and wish you continued success moving forward. If you h= ave any questions or want to discuss it further, we are happy to make ourse= lves available. Please be advised,