Edison Nation, Inc. (NasdaqCM:EDNT) entered into an agreement to acquire TBD Safety, LLC from Graphene Holdings, LLC, Mercury FundingCo, LLC, Ventus Capital, Llc and Jetco Holdings, L.L.C. on September 29, 2020. As part of the agreement, Edison Nation is to to acquire all outstanding Membership Units of TBD Safety, LLC. In addition, Edison Nation and Graphene Holdings, LLC, Mercury FundingCo, LLC, Ventus Capital, Llc and Jetco Holdings, L.L.C. shall enter into a Registration Rights Agreement in favor of the their obligating the Edison Nation to register such common stock and shares of common stock to be issued upon conversion of the preferred within 120 days after the closing. David Tanzer resign as the Chief Executive Officer and Manager, Brian McFadden resign as the Chief Marketing Officer and Manager and Timothy Cabrera resign as the Chief Operating Officer & President and Manager of TBD Safety, LLC, affirm that this will take effect contemporaneously upon the completion and execution of all deliverables of this agreement. As of October 1, 2020, the closing of the transaction occurred on September 30, 2020. As of October 2, 2020, the agreement was executed by all parties on September 30, 2020 with a closing date expected on or before October 16, 2020.