Item 1.01. Entry into a Material Definitive Agreement

Agreement and Plan of Merger

As previously disclosed, on December 29, 2021, Enterprise Diversified, Inc., a Nevada corporation ("Enterprise Diversified" or the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with ENDI Corp., a Delaware corporation ("ENDI"), Zelda Merger Sub 1, Inc., a Delaware corporation ("First Merger Sub"), Zelda Merger Sub 2, LLC, a Delaware limited liability company ("Second Merger Sub"), CrossingBridge Advisors, LLC, a Delaware limited liability company ("CrossingBridge"), and Cohanzick Management, L.L.C., a Delaware limited liability company ("Cohanzick" and, together with the Company, ENDI, First Merger Sub, Second Merger Sub and CrossingBridge, the "Parties").

On June 3, 2022, the Parties entered into an amendment (the "Amendment") to the Merger Agreement (the Merger Agreement, together with the Amendment, the "Amended Merger Agreement").

The Amendment amends the definition of the "Outside Date" defined in the Section 9.1(b) of the Merger Agreement, from June 30, 2022 to July 15, 2022.

Other than as expressly modified pursuant to the Amendment, the Merger Agreement, which was previously filed as Exhibit 2.1 to the Current Report on Form 8-K filed by Enterprise Diversified Inc. with the Securities and Exchange Commission on December 29, 2021, remains in full force and effect as originally executed on December 29, 2021. The foregoing description of the Amendment does not purport to be complete and is subject to, and qualified in its entirety by the full text of the Amendment attached hereto as Exhibit 2.1 to this Current Report on Form 8-K, which is incorporated herein by reference.

Item 9.01 - Financial Statements and Exhibits.



(d) Exhibits:

Exhibit Index

Exhibit No.    Exhibit Description

2.1              The Amended Merger Agreement,
               dated June 3, 2022, by and among
               ENDI Corp., Enterprise
               Diversified, Inc., Zelda Merger
               Sub 1, Inc., Zelda Merger Sub 2,
               LLC, CrossingBridge Advisors,
               LLC and Cohanzick Management,
               L.L.C.
104            Cover Page Interactive Data File
               (embedded within the Inline XBRL
               document)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses