Chicken Soup for the Soul Entertainment, Inc. (NasdaqGM:CSSE) acquired A Sharp Inc. from Chicken Soup for the Soul Digital, LLC, Christopher Kutcher, Evan Beard and Kendall Dabaghi for $15 million on December 28, 2018. Pursuant to the terms of the stock purchase agreement, Chicken Soup for the Soul Entertainment issued 0.322 million Class A common stock to Christopher Kutcher, 0.014 million to Beard, 0.014 million to Dabaghi and the balance remaining in cash to CSS. Post-acquisition, A Sharp became a wholly owned subsidiary of the Chicken Soup for the Soul Entertainment. The transaction was reviewed by the audit committee of the Board of Directors of CSSE, which recommended the acquisition to CSSE's board of directors. CSSE's board of directors unanimously approved the transaction. The transaction is expected to have a material positive impact on Chicken Soup for the Soul Entertainment, Inc.’s consolidated financial position, results of operations and cash flows. Chicken Soup for the Soul Entertainment, Inc. (NasdaqGM:CSSE) completed the acquisition of A Sharp Inc. from Chicken Soup for the Soul Digital, LLC, Christopher Kutcher, Evan Beard and Kendall Dabaghi on December 28, 2018.