Fleaux Solutions, LLC entered an definitive agreement to acquire Galenfeha, Inc. (OTCPK:GLFH) in a reverse merger transaction on January 29, 2018. Under the terms of the agreement, Galenfeha will pay $1 for substantially all operating assets of Fleaux Solutions, LLC. addition, Galenfeha assumed $2.15 million of scheduled liabilities. The transaction is subject to consummation of due diligence investigation and expected to close no later than 45 days after due diligence is completed.