Multistack International Limited (ASX:MSI) agreed to acquire assets of Verdicorp, Inc. on May 21, 2020. As part of the court process relating to the reorganisation and as additional consideration, Multistack agreed to exercise an option and waive its right to repayment of the Verdicorp Loan. In order to fund the acquisition, Multistack has entered into a loan agreement with Super Link Company Limited to borrow $1.8 million with an interest rate of 5% per annum.

The Super Link Loan is conditional on Multistack granting Super Link an option to buy the Verdicorp assets from Multistack for $1.8 million. If Super Link exercises the Super Link Option, its acquisition of the Verdicorp assets will be subject to Multistack shareholder approval. As of May 21, 2020, the Florida Court approved the sale of the assets of Verdicorp as part of a reorganisation of Verdicorp's business and financial affairs and in furtherance of its emergence from Chapter 11 of the US Bankruptcy Code.

As on July 7, 2022, Multistack and Super Link entered into extensions of the Agreements, extending the term of the Loan Agreement and the sunset date for the Asset Sale Deed until 30 November 2023.