OSK XII, LLC agreed to acquire Substantially All Assets of American Church Mortgage Company (OTCPK:ACMC) for $26.1 million on May 27, 2022. The agreement also provides that if the agreement is terminated by either party before the closing date as provided in clause (i) of this paragraph, the terminating party must pay the termination fee of $100,000 within two business days of such termination to the non-terminating party. The closing of the transaction is subject to receipt of any necessary government approvals, approval of ACMC's shareholders plus OSK shall have obtained approval of this agreement by its board of directors and shareholders. The Transaction is expected to close on or before June 30, 2022. Philip Myers of Church Loan Advisors, Inc. acted as financial advisor to American Church Mortgage.