[sheet: Closing Checklist]

Item No.	Category	Document / Deliverable Description	Parties / Signatories	Responsible Party	Responsible Attorney	Status	Target Completion Date	Actual Completion Date	Notes / Comments
1	Core Transaction Documents	Master Software-as-a-Service Agreement (MSA) — Execution Version	Skybridge Fintech Ltd. (Priya Chandrasekaran, CEO) and Meridian National Bank, N.A. (Gerald Brannigan, CIO)	Calderwood & Harkness LLP / Hargrove, Tully & Cascade Insurance Brokers	Amy Chesterton	Final	Delaware governing law. Total Contract Value: $50,000,000 over 5-year initial term. Incorporates by reference Order Form, Exhibit A (SLA), Exhibit B (Security), Exhibit C (DPA), and Exhibit D (Acceptable Use Policy). Includes mutual indemnification provisions, liability caps, and regulatory examination rights.
2	Core Transaction Documents	Order Form — Execution Version	Skybridge Fintech Ltd. and Meridian National Bank, N.A.	Calderwood & Harkness LLP / Hargrove, Tully & Cascade Insurance Brokers	Amy Chesterton	Final	32,000 named users. Year 1 fees: $12,700,000 (includes $3,600,000 implementation fee + $8,200,000 platform subscription + $1,800,000 support & managed services, less 6.72% volume discount). Years 2–5: $9,325,000/yr. Quarterly-in-advance payment, net 30 days. 3.0% annual escalator beginning Year 3 (capped at 3.5%). Incremental users at $275/user/yr. Implementation period: September 15, 2025 – February 28, 2026. Go-Live Date: March 1, 2026.
3	Exhibits to MSA	SLA Exhibit (Exhibit A to MSA) — Execution Version	Attached to MSA	Calderwood & Harkness LLP	Amy Chesterton / Nathan Ikeda	Final	Monthly uptime target, SLA credit tiers (5%/10%/20%/30%), monthly credit cap at 30% of monthly subscription fee ($317,500 Y1; $233,125 Y2–5), annual credit cap at 15% of annual subscription fee ($1,905,000 Y1; $1,398,750 Y2–5). Scheduled maintenance: Saturdays 2:00 AM – 6:00 AM ET. Severity 1 response: 15-min ack / 1-hr first response / 4-hr resolution target. Termination right if uptime below 98.0% in 3 of any consecutive 6 months.
4	Exhibits to MSA	Security Exhibit (Exhibit B to MSA) — Execution Version	Attached to MSA	Calderwood & Harkness LLP	Nathan Ikeda / Amy Chesterton	Final	SOC 2 Type II (report dated March 15, 2025) and ISO 27001 (certificate dated January 22, 2025) certifications by Crestfield Cyber Advisors, Inc. Encryption: AES-256 at rest, TLS 1.2+ in transit. BYOK option. Penetration testing scope. Security incident notification timing. Data residency: continental U.S. only (Orion Cloud US-East Virginia and US-West Oregon). Background checks per FFIEC guidelines. Audit rights framework. Subprocessor 30-day advance notice with reasonable objection right.
5	Exhibits to MSA	Data Processing Addendum (DPA) (Exhibit C to MSA) — Execution Version	Skybridge Fintech Ltd. and Meridian National Bank, N.A.	Calderwood & Harkness LLP	Nathan Ikeda	Final	Governs processing of Meridian data including NPI under GLBA and PII. Data classified as Confidential and Highly Restricted. Orion Cloud Services, Inc. identified as approved initial subprocessor. 30-day export post-termination in machine-readable format; certified destruction within 60 days of termination. Continental U.S. data residency only.
6	Exhibits to MSA	Acceptable Use Policy (Exhibit D to MSA)	Attached to MSA	Calderwood & Harkness LLP	Nathan Ikeda	Final	Permitted and prohibited uses of SkyComply™ by Meridian and authorized users. Meridian indemnification obligation for AUP breaches.
7	Ancillary Agreements	Source Code Escrow Agreement (Three-Party) — Escrow Agreement No. SCE-2025-04417	Skybridge Fintech Ltd. (Depositor), Meridian National Bank, N.A. (Beneficiary), Sentinel Escrow Services, Inc. (Escrow Agent)	Calderwood & Harkness LLP / Hargrove, Tully & Cascade Insurance Brokers / Sentinel Escrow Services	Amy Chesterton	Under Review	August 29, 2025	Initial source code deposit within 30 days of execution; quarterly updates thereafter. Release triggers: (a) Skybridge insolvency/bankruptcy/assignment for benefit of creditors; (b) material breach of support obligations uncured for 60 days; (c) cessation of business operations. Annual escrow fees: $13,000/yr total ($6,500 per party). Sentinel Escrow Services, Inc., 100 Wilshire Boulevard, Suite 950, Santa Monica, CA 90401.
8	Ancillary Agreements	Subprocessor Flow-Down Terms Addendum — Orion Cloud Services, Inc.	Skybridge Fintech Ltd. (acknowledging flow-down to Orion Cloud Services, Inc.)	Calderwood & Harkness LLP	Nathan Ikeda	Under Review	August 29, 2025	Flow-down of data processing and security obligations from MSA/DPA to Orion Cloud Services, Inc. as IaaS subprocessor. Orion Cloud upstream SLA: 99.95% monthly uptime. Data residency: US-East (Virginia) and US-West (Oregon). Orion Cloud HQ: 4500 Great America Parkway, Santa Clara, CA 95054.
9	Corporate Authorizations — Skybridge	Officer's Certificate — Skybridge Fintech Ltd. (Authorization to Execute)	Priya Chandrasekaran, CEO, Skybridge Fintech Ltd.	Calderwood & Harkness LLP	Amy Chesterton	Draft	September 5, 2025	Certifies Skybridge is duly organized under Delaware law, has requisite power and authority, execution duly authorized (including Pinnacle Ridge consent), representations and warranties true and correct as of execution date. Delivered at closing.
10	Corporate Authorizations — Skybridge	Secretary's Certificate — Skybridge Fintech Ltd.	Secretary or Authorized Officer, Skybridge Fintech Ltd.	Calderwood & Harkness LLP	Nathan Ikeda	Pending	September 5, 2025	Certifies resolutions authorizing execution of MSA, incumbency of signing officers, and good standing. Skybridge HQ: 1400 Concord Pike, Suite 320, Wilmington, DE 19803.
11	Corporate Authorizations — Pinnacle Ridge	Written Consent of Pinnacle Ridge Capital Partners, LP — Approval of MSA	Elise Drummond, Managing Partner, Pinnacle Ridge Capital Partners, LP	Alcott & Grenier LLP (Simone Alcott) / Calderwood & Harkness LLP	Amy Chesterton (C&H) / Simone Alcott (A&G)	Under Review	September 1, 2025	Required because TCV of $50,000,000 exceeds PRCP's $25,000,000 consent threshold. Pinnacle Ridge holds 62% ownership stake in Skybridge (acquired in 2021 Series C at $310M pre-money valuation). Form of consent submitted to Alcott & Grenier LLP, 1001 Pennsylvania Avenue NW, Suite 700, Washington, DC 20004, for review and execution.
12	Insurance	Certificate of Insurance — Coastal Assurance Corporation (Cyber Liability / E&O)	Coastal Assurance Corporation (issuing carrier); Meridian National Bank, N.A. (additional insured)	Calderwood & Harkness LLP (request on behalf of Skybridge)	Amy Chesterton	Pending	September 12, 2025	Policy No. CA-TECH-2025-07831. Coverage: $25,000,000 per occurrence / $50,000,000 aggregate (Technology E&O / Cyber Liability). Policy period: April 1, 2025 – March 31, 2026. Meridian to be named as additional insured. Must be delivered within 10 business days of MSA execution and annually thereafter. Request letter sent to Coastal Assurance Corporation.
13	Insurance	Certificate of Insurance — Commercial General Liability (CGL)	Skybridge's CGL carrier; Meridian National Bank, N.A. (additional insured)	Skybridge Fintech Ltd. (Jonathan Kreske, CFO)	Amy Chesterton	Pending	September 12, 2025	Required minimums: $5,000,000 per occurrence / $10,000,000 aggregate. Meridian requests additional insured status.
14	Insurance	Certificate of Insurance — Umbrella/Excess Liability	Skybridge's umbrella/excess carrier	Skybridge Fintech Ltd. (Jonathan Kreske, CFO)	Amy Chesterton	Pending	September 12, 2025	Required minimum: $10,000,000.
15	Insurance	Certificate of Insurance — Workers' Compensation	Skybridge's WC carrier	Skybridge Fintech Ltd. (Jonathan Kreske, CFO)	Nathan Ikeda	Pending	September 12, 2025	Statutory limits required.
16	Closing Certificates	Bring-Down Certificate — Skybridge Fintech Ltd. (Representations and Warranties at Go-Live Date)	Authorized officer, Skybridge Fintech Ltd.	Calderwood & Harkness LLP	Amy Chesterton	Draft	March 1, 2026	Certifies representations and warranties remain true and correct in all material respects as of Go-Live Date. Includes certification of maintained SOC 2 Type II and ISO 27001 certifications and adequacy of insurance coverage. Not required at initial closing; to be delivered at commencement of Initial Term. To be delivered at Go-Live Date (targeted March 1, 2026).
17	Regulatory / Compliance	Confirmation of Regulatory Examination Rights Provision in MSA	N/A — embedded in MSA	Calderwood & Harkness LLP	Nathan Ikeda	Final	MSA includes contractual acknowledgment of OCC, Federal Reserve, and FDIC examination rights over Skybridge's services, records, and facilities per OCC Bulletin 2013-29, Interagency Guidance (June 2023), and Bank Service Company Act (12 U.S.C. § 1867).
18	Security Certifications	SOC 2 Type II Audit Report — Crestfield Cyber Advisors, Inc.	Crestfield Cyber Advisors, Inc. (Winston Lam, CEO; Deepa Rajan, Lead Auditor)	Skybridge Fintech Ltd. (Amara Okafor, CISO)	Nathan Ikeda	Executed	March 15, 2025	Most recent SOC 2 Type II report dated March 15, 2025. To be delivered to Meridian as part of Security Exhibit compliance. Crestfield Cyber Advisors, Inc., 222 West Adams Street, Suite 1200, Chicago, IL 60606.
19	Security Certifications	ISO 27001 Certificate — Crestfield Cyber Advisors, Inc.	Crestfield Cyber Advisors, Inc.	Skybridge Fintech Ltd. (Amara Okafor, CISO)	Nathan Ikeda	Executed	January 22, 2025	ISO 27001 recertification dated January 22, 2025. Triennial recertification with annual surveillance audits.
20	Correspondence	Letter to Hargrove, Tully & Cascade Insurance Brokers — Transmittal of Initial Draft MSA and Exhibits	Calderwood & Harkness LLP to Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw, Partner)	Calderwood & Harkness LLP	Amy Chesterton	Executed	July 14, 2025	Transmitted initial draft MSA, Order Form, SLA Exhibit, Security Exhibit, DPA, and AUP to HTM. HTM: 1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005.
21	Correspondence	Letter to Hargrove, Tully & Cascade Insurance Brokers — Response to Meridian's First Markup	Calderwood & Harkness LLP to Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw; Megan Faircloth, Senior Associate)	Calderwood & Harkness LLP	Amy Chesterton	Executed	August 4, 2025	Counter-positions on eight key open negotiation issues.
22	Correspondence	Letter to Hargrove, Tully & Cascade Insurance Brokers — Transmittal of Revised MSA and Exhibits	Calderwood & Harkness LLP to Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw)	Calderwood & Harkness LLP	Amy Chesterton	Executed	August 18, 2025	Transmitted second revised MSA, revised SLA Exhibit, revised Security Exhibit, and execution-ready DPA. Proposed principals' call between David Shimura (Skybridge GC) and Catherine Woo (Meridian AGC Technology).
23	Correspondence	Email to David Shimura — Negotiation Status Update and Recommendations	Amy Chesterton to David Shimura (cc: Angela Fontaine, Liam Prescott)	Calderwood & Harkness LLP	Amy Chesterton	Executed	August 20, 2025	Status update on eight open issues; recommended compromise positions; flagged data breach indemnification cap as most contentious remaining issue.
24	Correspondence	Email to Simone Alcott (Alcott & Grenier LLP) — Transmittal of MSA for Pinnacle Ridge Consent Review	Amy Chesterton to Simone Alcott	Calderwood & Harkness LLP	Amy Chesterton	Executed	August 22, 2025	Transmitted near-final MSA, Order Form, and form of written consent for Elise Drummond's signature.

25	Post-Closing Obligations	Initial Source Code Deposit with Sentinel Escrow Services, Inc.	Skybridge Fintech Ltd. (Marcus Holt, CTO) to Sentinel Escrow Services, Inc.	Skybridge Fintech Ltd.	Nathan Ikeda (tracking)	Pending	October 10, 2025	Due within 30 days of MSA execution per Source Code Escrow Agreement No. SCE-2025-04417. Quarterly updates thereafter.
26	Post-Closing Obligations	Commencement of Implementation Period	Skybridge Fintech Ltd. and Meridian National Bank, N.A.	Skybridge Fintech Ltd. (Tara Bellingham, VP Enterprise Sales; Marcus Holt, CTO) / Meridian (Luis Arriaga, SVP Procurement & Vendor Management; Gerald Brannigan, CIO)	N/A	Pending	September 15, 2025	Implementation period: September 15, 2025 – February 28, 2026 (~5.5 months). Go-Live Date targeted: March 1, 2026. Initial Term runs March 1, 2026 – February 28, 2031.

STATUS SUMMARY

Executed	7	Items 18, 19, 20, 21, 22, 23, 24
Final	7	Items 1, 2, 3, 4, 5, 6, 17
Under Review	3	Items 7, 8, 11
Draft	2	Items 9, 16
Pending	7	Items 10, 12, 13, 14, 15, 25, 26
N/A	0
TOTAL ITEMS	26
Prepared by: Nathan Ikeda, Calderwood & Harkness LLP	Matter No. 1009-00007	Last Updated: August 25, 2025

[sheet: Key Contacts]

Organization	Full Legal Name	Contact Name	Title	Role in Transaction	Address	Notes
Skybridge Fintech Ltd.	Skybridge Fintech Ltd.	Priya Chandrasekaran	CEO	Executive Sponsor; MSA signatory	1400 Concord Pike, Suite 320, Wilmington, DE 19803	Officer's Certificate signatory
Skybridge Fintech Ltd.	Skybridge Fintech Ltd.	David Shimura	General Counsel	Primary client contact for C&H	1400 Concord Pike, Suite 320, Wilmington, DE 19803
Skybridge Fintech Ltd.	Skybridge Fintech Ltd.	Marcus Holt	CTO	Technical lead; source code escrow deposit	1400 Concord Pike, Suite 320, Wilmington, DE 19803	Responsible for initial escrow deposit to Sentinel
Skybridge Fintech Ltd.	Skybridge Fintech Ltd.	Tara Bellingham	VP, Enterprise Sales	Account executive; commercial terms	1400 Concord Pike, Suite 320, Wilmington, DE 19803	Skybridge Account Executive for Meridian
Skybridge Fintech Ltd.	Skybridge Fintech Ltd.	Jonathan Kreske	CFO	Financial approvals; insurance coordination	1400 Concord Pike, Suite 320, Wilmington, DE 19803	Coordinates insurance certificates
Skybridge Fintech Ltd.	Skybridge Fintech Ltd.	Amara Okafor	CISO	Security terms; incident response; certifications	1400 Concord Pike, Suite 320, Wilmington, DE 19803	Liaison with Crestfield Cyber Advisors
Meridian National Bank, N.A.	Meridian National Bank, National Association	Gerald Brannigan	CIO	Executive sponsor (bank side); MSA signatory	600 Lexington Avenue, 40th Floor, New York, NY 10022	Holding company: Meridian Financial Group, Inc. (NYSE-listed). Total assets ~$485 billion.
Meridian National Bank, N.A.	Meridian National Bank, National Association	Catherine Woo	Associate General Counsel (Technology)	Legal lead for Meridian	600 Lexington Avenue, 40th Floor, New York, NY 10022
Meridian National Bank, N.A.	Meridian National Bank, National Association	Luis Arriaga	SVP, Procurement & Vendor Management	Day-to-day relationship lead	600 Lexington Avenue, 40th Floor, New York, NY 10022	Meridian Relationship Lead
Meridian National Bank, N.A.	Meridian National Bank, National Association	Sandra Petrov	Head, Financial Crimes & Compliance	AML/BSA compliance stakeholder	600 Lexington Avenue, 40th Floor, New York, NY 10022
Calderwood & Harkness LLP	Calderwood & Harkness LLP	Angela Fontaine	Responsible Partner	Engagement oversight	200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604	Matter No. 1009-00007
Calderwood & Harkness LLP	Calderwood & Harkness LLP	Renata Vasquez	Billing Partner	Billing management	200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Calderwood & Harkness LLP	Calderwood & Harkness LLP	Liam Prescott	Of Counsel	Technology transactions advisor	200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Calderwood & Harkness LLP	Calderwood & Harkness LLP	Amy Chesterton	Lead Associate	Lead drafter / negotiator	200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Calderwood & Harkness LLP	Calderwood & Harkness LLP	Nathan Ikeda	Working Associate	Supporting drafter / research; closing checklist preparer	200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Hargrove, Tully & Cascade Insurance Brokers	Hargrove, Tully & Cascade Insurance Brokers	Douglas Krenshaw	Partner	Lead outside counsel for Meridian	1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005	~620 attorneys
Hargrove, Tully & Cascade Insurance Brokers	Hargrove, Tully & Cascade Insurance Brokers	Megan Faircloth	Senior Associate	Drafting lead for Meridian	1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005
Hargrove, Tully & Cascade Insurance Brokers	Hargrove, Tully & Cascade Insurance Brokers	Ryan Tso	Associate	Junior support for Meridian	1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005
Pinnacle Ridge Capital Partners, LP	Pinnacle Ridge Capital Partners, LP	Elise Drummond	Managing Partner	Board/consent authority; 62% owner of Skybridge	Delaware LP	Consent required for contracts >$25,000,000 TCV
Alcott & Grenier LLP	Alcott & Grenier LLP	Simone Alcott	Partner	Pinnacle Ridge's counsel for consent review	1001 Pennsylvania Avenue NW, Suite 700, Washington, DC 20004
Crestfield Cyber Advisors, Inc.	Crestfield Cyber Advisors, Inc.	Winston Lam	CEO	Security audit firm leadership	222 West Adams Street, Suite 1200, Chicago, IL 60606
Crestfield Cyber Advisors, Inc.	Crestfield Cyber Advisors, Inc.	Deepa Rajan	Lead Auditor	SOC 2 Type II / ISO 27001 auditor	222 West Adams Street, Suite 1200, Chicago, IL 60606	SOC 2 report: March 15, 2025; ISO 27001 cert: January 22, 2025
Sentinel Escrow Services, Inc.	Sentinel Escrow Services, Inc.	Source code escrow agent	100 Wilshire Boulevard, Suite 950, Santa Monica, CA 90401	Escrow Agreement No. SCE-2025-04417
Orion Cloud Services, Inc.	Orion Cloud Services, Inc.	Cloud infrastructure provider (IaaS subprocessor)	4500 Great America Parkway, Santa Clara, CA 95054	Upstream SLA: 99.95% monthly uptime; US-East (Virginia) and US-West (Oregon) regions

Coastal Assurance Corporation	Coastal Assurance Corporation	Cyber liability / E&O insurer	Connecticut	Policy No. CA-TECH-2025-07831; $25M per occurrence / $50M aggregate; April 1, 2025 – March 31, 2026
Hathaway & Pendleton, LLP	Hathaway & Pendleton, LLP	Bruce Ogilvie	Lead Audit Partner	Independent financial auditor for Skybridge	300 North LaSalle Street, Suite 2400, Chicago, IL 60654	Most recent audit opinion: April 30, 2025 (FY 2024)

[sheet: Key Deal Terms Summary]

Term / Item	Detail	Notes
Agreement	Master Software-as-a-Service Agreement (MSA) with Order Form and Exhibits A–D plus Source Code Escrow Agreement	SkyComply™ AML/transaction-monitoring platform
Licensor	Skybridge Fintech Ltd., 1400 Concord Pike, Suite 320, Wilmington, DE 19803	Delaware limited company (alternative entity)
Licensee	Meridian National Bank, National Association, 600 Lexington Avenue, 40th Floor, New York, NY 10022	National banking association; ~$485B total assets; holding co.: Meridian Financial Group, Inc.
Total Contract Value (TCV)	$50,000,000	5-year initial term; post-6.72% volume discount from $53,600,000 gross undiscounted TCV
Year 1 Fees (post-discount)	$12,700,000	Includes platform subscription, $3,600,000 implementation (one-time), $1,800,000 support & managed services
Years 2–5 Annual Fees	$9,325,000/yr	($50,000,000 − $12,700,000) ÷ 4 = $9,325,000
Licensed Users	32,000 named users	Incremental users at $275/user/yr (no volume discount)
Platform Subscription Fee (pre-discount)	$8,200,000/yr	32,000 users × $256.25/user/yr
Payment Terms	Quarterly in advance; net 30 days from invoice
Annual Escalator	3.0% CPI-based beginning Year 3; capped at 3.5%
Initial Term	5 years: March 1, 2026 – February 28, 2031	Two successive 1-year auto-renewals; 180-day non-renewal notice
Implementation Period	September 15, 2025 – February 28, 2026 (~5.5 months)	Go-Live Date targeted: March 1, 2026
Termination for Convenience	After Year 2; 12 months' prior written notice; ETF = 50% of remaining ACV	E.g., end of Y3 ETF = 50% × $9,325,000 × 2 = $9,325,000
SLA Uptime Target	Negotiated (Skybridge: 99.9% vs. Meridian: 99.95%)	Orion Cloud upstream SLA: 99.95%
SLA Credit Cap — Monthly	30% of monthly subscription fee (Y1: $317,500; Y2–5: $233,125)
SLA Credit Cap — Annual	15% of annual subscription fee (Y1: $1,905,000; Y2–5: $1,398,750)
IP Indemnification Cap	Uncapped	Industry standard
Data Breach Indemnification Cap (Skybridge position)	$18,650,000 (2× annual fees)	Meridian demanded uncapped
General Indemnification Cap	$9,325,000 (1× annual fees)
Aggregate Liability Cap	$18,650,000 (2× annual fees)	Excludes uncapped items
Data Security Super-Cap (Skybridge position)	$27,975,000 (3× annual fees)	Meridian demanded uncapped
Governing Law	State of Delaware	Venue: Delaware courts (Court of Chancery or U.S. District Court, District of Delaware)
Dispute Resolution	Mandatory executive escalation + 60-day JAMS mediation before litigation	Mutual jury waiver
Regulatory Examination Rights	OCC, Federal Reserve, FDIC examination per OCC Bulletin 2013-29, Interagency Guidance, Bank Service Company Act (12 U.S.C. § 1867)

Cyber Insurance	Coastal Assurance Corp., Policy No. CA-TECH-2025-07831; $25M/occurrence, $50M aggregate	Policy period: April 1, 2025 – March 31, 2026
Source Code Escrow	Sentinel Escrow Services, Inc.; Escrow Agreement No. SCE-2025-04417; $13,000/yr ($6,500 each party)
Pinnacle Ridge Consent	Required for TCV >$25,000,000; Pinnacle Ridge holds 62% of Skybridge	Consent reviewed by Alcott & Grenier LLP (Simone Alcott)
Client's Outside Counsel	Calderwood & Harkness LLP; Matter No. 1009-00007	Engagement letter dated August 25, 2025; estimated fees $275,000–$375,000
Counterparty's Outside Counsel	Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw, Partner)
Skybridge FY 2024 Revenue	$78,300,000	Audited by Hathaway & Pendleton, LLP (opinion dated April 30, 2025)
Skybridge FY 2024 EBITDA	$11,700,000	Gross margin 74%; net retention 118%; ~420 employees

[sheet: Closing Checklist]
Item No. | Category | Document / Deliverable Description | Parties / Signatories | Responsible Party | Responsible Attorney | Status | Target Completion Date | Actual Completion Date | Notes / Comments
1 | Core Transaction Documents | Master Software-as-a-Service Agreement (MSA) — Execution Version | Skybridge Fintech Ltd. (Priya Chandrasekaran, CEO) and Meridian National Bank, N.A. (Gerald Brannigan, CIO) | Calderwood & Harkness LLP / Hargrove, Tully & Cascade Insurance Brokers | Amy Chesterton | Final | Delaware governing law. Total Contract Value: $50,000,000 over 5-year initial term. Incorporates by reference Order Form, Exhibit A (SLA), Exhibit B (Security), Exhibit C (DPA), and Exhibit D (Acceptable Use Policy). Includes mutual indemnification provisions, liability caps, and regulatory examination rights.
2 | Core Transaction Documents | Order Form — Execution Version | Skybridge Fintech Ltd. and Meridian National Bank, N.A. | Calderwood & Harkness LLP / Hargrove, Tully & Cascade Insurance Brokers | Amy Chesterton | Final | 32,000 named users. Year 1 fees: $12,700,000 (includes $3,600,000 implementation fee + $8,200,000 platform subscription + $1,800,000 support & managed services, less 6.72% volume discount). Years 2–5: $9,325,000/yr. Quarterly-in-advance payment, net 30 days. 3.0% annual escalator beginning Year 3 (capped at 3.5%). Incremental users at $275/user/yr. Implementation period: September 15, 2025 – February 28, 2026. Go-Live Date: March 1, 2026.
3 | Exhibits to MSA | SLA Exhibit (Exhibit A to MSA) — Execution Version | Attached to MSA | Calderwood & Harkness LLP | Amy Chesterton / Nathan Ikeda | Final | Monthly uptime target, SLA credit tiers (5%/10%/20%/30%), monthly credit cap at 30% of monthly subscription fee ($317,500 Y1; $233,125 Y2–5), annual credit cap at 15% of annual subscription fee ($1,905,000 Y1; $1,398,750 Y2–5). Scheduled maintenance: Saturdays 2:00 AM – 6:00 AM ET. Severity 1 response: 15-min ack / 1-hr first response / 4-hr resolution target. Termination right if uptime below 98.0% in 3 of any consecutive 6 months.
4 | Exhibits to MSA | Security Exhibit (Exhibit B to MSA) — Execution Version | Attached to MSA | Calderwood & Harkness LLP | Nathan Ikeda / Amy Chesterton | Final | SOC 2 Type II (report dated March 15, 2025) and ISO 27001 (certificate dated January 22, 2025) certifications by Crestfield Cyber Advisors, Inc. Encryption: AES-256 at rest, TLS 1.2+ in transit. BYOK option. Penetration testing scope. Security incident notification timing. Data residency: continental U.S. only (Orion Cloud US-East Virginia and US-West Oregon). Background checks per FFIEC guidelines. Audit rights framework. Subprocessor 30-day advance notice with reasonable objection right.
5 | Exhibits to MSA | Data Processing Addendum (DPA) (Exhibit C to MSA) — Execution Version | Skybridge Fintech Ltd. and Meridian National Bank, N.A. | Calderwood & Harkness LLP | Nathan Ikeda | Final | Governs processing of Meridian data including NPI under GLBA and PII. Data classified as Confidential and Highly Restricted. Orion Cloud Services, Inc. identified as approved initial subprocessor. 30-day export post-termination in machine-readable format; certified destruction within 60 days of termination. Continental U.S. data residency only.
6 | Exhibits to MSA | Acceptable Use Policy (Exhibit D to MSA) | Attached to MSA | Calderwood & Harkness LLP | Nathan Ikeda | Final | Permitted and prohibited uses of SkyComply™ by Meridian and authorized users. Meridian indemnification obligation for AUP breaches.
7 | Ancillary Agreements | Source Code Escrow Agreement (Three-Party) — Escrow Agreement No. SCE-2025-04417 | Skybridge Fintech Ltd. (Depositor), Meridian National Bank, N.A. (Beneficiary), Sentinel Escrow Services, Inc. (Escrow Agent) | Calderwood & Harkness LLP / Hargrove, Tully & Cascade Insurance Brokers / Sentinel Escrow Services | Amy Chesterton | Under Review | August 29, 2025 | Initial source code deposit within 30 days of execution; quarterly updates thereafter. Release triggers: (a) Skybridge insolvency/bankruptcy/assignment for benefit of creditors; (b) material breach of support obligations uncured for 60 days; (c) cessation of business operations. Annual escrow fees: $13,000/yr total ($6,500 per party). Sentinel Escrow Services, Inc., 100 Wilshire Boulevard, Suite 950, Santa Monica, CA 90401.
8 | Ancillary Agreements | Subprocessor Flow-Down Terms Addendum — Orion Cloud Services, Inc. | Skybridge Fintech Ltd. (acknowledging flow-down to Orion Cloud Services, Inc.) | Calderwood & Harkness LLP | Nathan Ikeda | Under Review | August 29, 2025 | Flow-down of data processing and security obligations from MSA/DPA to Orion Cloud Services, Inc. as IaaS subprocessor. Orion Cloud upstream SLA: 99.95% monthly uptime. Data residency: US-East (Virginia) and US-West (Oregon). Orion Cloud HQ: 4500 Great America Parkway, Santa Clara, CA 95054.
9 | Corporate Authorizations — Skybridge | Officer's Certificate — Skybridge Fintech Ltd. (Authorization to Execute) | Priya Chandrasekaran, CEO, Skybridge Fintech Ltd. | Calderwood & Harkness LLP | Amy Chesterton | Draft | September 5, 2025 | Certifies Skybridge is duly organized under Delaware law, has requisite power and authority, execution duly authorized (including Pinnacle Ridge consent), representations and warranties true and correct as of execution date. Delivered at closing.
10 | Corporate Authorizations — Skybridge | Secretary's Certificate — Skybridge Fintech Ltd. | Secretary or Authorized Officer, Skybridge Fintech Ltd. | Calderwood & Harkness LLP | Nathan Ikeda | Pending | September 5, 2025 | Certifies resolutions authorizing execution of MSA, incumbency of signing officers, and good standing. Skybridge HQ: 1400 Concord Pike, Suite 320, Wilmington, DE 19803.
11 | Corporate Authorizations — Pinnacle Ridge | Written Consent of Pinnacle Ridge Capital Partners, LP — Approval of MSA | Elise Drummond, Managing Partner, Pinnacle Ridge Capital Partners, LP | Alcott & Grenier LLP (Simone Alcott) / Calderwood & Harkness LLP | Amy Chesterton (C&H) / Simone Alcott (A&G) | Under Review | September 1, 2025 | Required because TCV of $50,000,000 exceeds PRCP's $25,000,000 consent threshold. Pinnacle Ridge holds 62% ownership stake in Skybridge (acquired in 2021 Series C at $310M pre-money valuation). Form of consent submitted to Alcott & Grenier LLP, 1001 Pennsylvania Avenue NW, Suite 700, Washington, DC 20004, for review and execution.
12 | Insurance | Certificate of Insurance — Coastal Assurance Corporation (Cyber Liability / E&O) | Coastal Assurance Corporation (issuing carrier); Meridian National Bank, N.A. (additional insured) | Calderwood & Harkness LLP (request on behalf of Skybridge) | Amy Chesterton | Pending | September 12, 2025 | Policy No. CA-TECH-2025-07831. Coverage: $25,000,000 per occurrence / $50,000,000 aggregate (Technology E&O / Cyber Liability). Policy period: April 1, 2025 – March 31, 2026. Meridian to be named as additional insured. Must be delivered within 10 business days of MSA execution and annually thereafter. Request letter sent to Coastal Assurance Corporation.
13 | Insurance | Certificate of Insurance — Commercial General Liability (CGL) | Skybridge's CGL carrier; Meridian National Bank, N.A. (additional insured) | Skybridge Fintech Ltd. (Jonathan Kreske, CFO) | Amy Chesterton | Pending | September 12, 2025 | Required minimums: $5,000,000 per occurrence / $10,000,000 aggregate. Meridian requests additional insured status.
14 | Insurance | Certificate of Insurance — Umbrella/Excess Liability | Skybridge's umbrella/excess carrier | Skybridge Fintech Ltd. (Jonathan Kreske, CFO) | Amy Chesterton | Pending | September 12, 2025 | Required minimum: $10,000,000.
15 | Insurance | Certificate of Insurance — Workers' Compensation | Skybridge's WC carrier | Skybridge Fintech Ltd. (Jonathan Kreske, CFO) | Nathan Ikeda | Pending | September 12, 2025 | Statutory limits required.
16 | Closing Certificates | Bring-Down Certificate — Skybridge Fintech Ltd. (Representations and Warranties at Go-Live Date) | Authorized officer, Skybridge Fintech Ltd. | Calderwood & Harkness LLP | Amy Chesterton | Draft | March 1, 2026 | Certifies representations and warranties remain true and correct in all material respects as of Go-Live Date. Includes certification of maintained SOC 2 Type II and ISO 27001 certifications and adequacy of insurance coverage. Not required at initial closing; to be delivered at commencement of Initial Term. To be delivered at Go-Live Date (targeted March 1, 2026).
17 | Regulatory / Compliance | Confirmation of Regulatory Examination Rights Provision in MSA | N/A — embedded in MSA | Calderwood & Harkness LLP | Nathan Ikeda | Final | MSA includes contractual acknowledgment of OCC, Federal Reserve, and FDIC examination rights over Skybridge's services, records, and facilities per OCC Bulletin 2013-29, Interagency Guidance (June 2023), and Bank Service Company Act (12 U.S.C. § 1867).
18 | Security Certifications | SOC 2 Type II Audit Report — Crestfield Cyber Advisors, Inc. | Crestfield Cyber Advisors, Inc. (Winston Lam, CEO; Deepa Rajan, Lead Auditor) | Skybridge Fintech Ltd. (Amara Okafor, CISO) | Nathan Ikeda | Executed | March 15, 2025 | Most recent SOC 2 Type II report dated March 15, 2025. To be delivered to Meridian as part of Security Exhibit compliance. Crestfield Cyber Advisors, Inc., 222 West Adams Street, Suite 1200, Chicago, IL 60606.
19 | Security Certifications | ISO 27001 Certificate — Crestfield Cyber Advisors, Inc. | Crestfield Cyber Advisors, Inc. | Skybridge Fintech Ltd. (Amara Okafor, CISO) | Nathan Ikeda | Executed | January 22, 2025 | ISO 27001 recertification dated January 22, 2025. Triennial recertification with annual surveillance audits.
20 | Correspondence | Letter to Hargrove, Tully & Cascade Insurance Brokers — Transmittal of Initial Draft MSA and Exhibits | Calderwood & Harkness LLP to Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw, Partner) | Calderwood & Harkness LLP | Amy Chesterton | Executed | July 14, 2025 | Transmitted initial draft MSA, Order Form, SLA Exhibit, Security Exhibit, DPA, and AUP to HTM. HTM: 1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005.
21 | Correspondence | Letter to Hargrove, Tully & Cascade Insurance Brokers — Response to Meridian's First Markup | Calderwood & Harkness LLP to Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw; Megan Faircloth, Senior Associate) | Calderwood & Harkness LLP | Amy Chesterton | Executed | August 4, 2025 | Counter-positions on eight key open negotiation issues.
22 | Correspondence | Letter to Hargrove, Tully & Cascade Insurance Brokers — Transmittal of Revised MSA and Exhibits | Calderwood & Harkness LLP to Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw) | Calderwood & Harkness LLP | Amy Chesterton | Executed | August 18, 2025 | Transmitted second revised MSA, revised SLA Exhibit, revised Security Exhibit, and execution-ready DPA. Proposed principals' call between David Shimura (Skybridge GC) and Catherine Woo (Meridian AGC Technology).
23 | Correspondence | Email to David Shimura — Negotiation Status Update and Recommendations | Amy Chesterton to David Shimura (cc: Angela Fontaine, Liam Prescott) | Calderwood & Harkness LLP | Amy Chesterton | Executed | August 20, 2025 | Status update on eight open issues; recommended compromise positions; flagged data breach indemnification cap as most contentious remaining issue.
24 | Correspondence | Email to Simone Alcott (Alcott & Grenier LLP) — Transmittal of MSA for Pinnacle Ridge Consent Review | Amy Chesterton to Simone Alcott | Calderwood & Harkness LLP | Amy Chesterton | Executed | August 22, 2025 | Transmitted near-final MSA, Order Form, and form of written consent for Elise Drummond's signature.
25 | Post-Closing Obligations | Initial Source Code Deposit with Sentinel Escrow Services, Inc. | Skybridge Fintech Ltd. (Marcus Holt, CTO) to Sentinel Escrow Services, Inc. | Skybridge Fintech Ltd. | Nathan Ikeda (tracking) | Pending | October 10, 2025 | Due within 30 days of MSA execution per Source Code Escrow Agreement No. SCE-2025-04417. Quarterly updates thereafter.
26 | Post-Closing Obligations | Commencement of Implementation Period | Skybridge Fintech Ltd. and Meridian National Bank, N.A. | Skybridge Fintech Ltd. (Tara Bellingham, VP Enterprise Sales; Marcus Holt, CTO) / Meridian (Luis Arriaga, SVP Procurement & Vendor Management; Gerald Brannigan, CIO) | N/A | Pending | September 15, 2025 | Implementation period: September 15, 2025 – February 28, 2026 (~5.5 months). Go-Live Date targeted: March 1, 2026. Initial Term runs March 1, 2026 – February 28, 2031.
STATUS SUMMARY
Executed | 7 | Items 18, 19, 20, 21, 22, 23, 24
Final | 7 | Items 1, 2, 3, 4, 5, 6, 17
Under Review | 3 | Items 7, 8, 11
Draft | 2 | Items 9, 16
Pending | 7 | Items 10, 12, 13, 14, 15, 25, 26
N/A | 0
TOTAL ITEMS | 26
Prepared by: Nathan Ikeda, Calderwood & Harkness LLP | Matter No. 1009-00007 | Last Updated: August 25, 2025
[sheet: Key Contacts]
Organization | Full Legal Name | Contact Name | Title | Role in Transaction | Address | Notes
Skybridge Fintech Ltd. | Skybridge Fintech Ltd. | Priya Chandrasekaran | CEO | Executive Sponsor; MSA signatory | 1400 Concord Pike, Suite 320, Wilmington, DE 19803 | Officer's Certificate signatory
Skybridge Fintech Ltd. | Skybridge Fintech Ltd. | David Shimura | General Counsel | Primary client contact for C&H | 1400 Concord Pike, Suite 320, Wilmington, DE 19803
Skybridge Fintech Ltd. | Skybridge Fintech Ltd. | Marcus Holt | CTO | Technical lead; source code escrow deposit | 1400 Concord Pike, Suite 320, Wilmington, DE 19803 | Responsible for initial escrow deposit to Sentinel
Skybridge Fintech Ltd. | Skybridge Fintech Ltd. | Tara Bellingham | VP, Enterprise Sales | Account executive; commercial terms | 1400 Concord Pike, Suite 320, Wilmington, DE 19803 | Skybridge Account Executive for Meridian
Skybridge Fintech Ltd. | Skybridge Fintech Ltd. | Jonathan Kreske | CFO | Financial approvals; insurance coordination | 1400 Concord Pike, Suite 320, Wilmington, DE 19803 | Coordinates insurance certificates
Skybridge Fintech Ltd. | Skybridge Fintech Ltd. | Amara Okafor | CISO | Security terms; incident response; certifications | 1400 Concord Pike, Suite 320, Wilmington, DE 19803 | Liaison with Crestfield Cyber Advisors
Meridian National Bank, N.A. | Meridian National Bank, National Association | Gerald Brannigan | CIO | Executive sponsor (bank side); MSA signatory | 600 Lexington Avenue, 40th Floor, New York, NY 10022 | Holding company: Meridian Financial Group, Inc. (NYSE-listed). Total assets ~$485 billion.
Meridian National Bank, N.A. | Meridian National Bank, National Association | Catherine Woo | Associate General Counsel (Technology) | Legal lead for Meridian | 600 Lexington Avenue, 40th Floor, New York, NY 10022
Meridian National Bank, N.A. | Meridian National Bank, National Association | Luis Arriaga | SVP, Procurement & Vendor Management | Day-to-day relationship lead | 600 Lexington Avenue, 40th Floor, New York, NY 10022 | Meridian Relationship Lead
Meridian National Bank, N.A. | Meridian National Bank, National Association | Sandra Petrov | Head, Financial Crimes & Compliance | AML/BSA compliance stakeholder | 600 Lexington Avenue, 40th Floor, New York, NY 10022
Calderwood & Harkness LLP | Calderwood & Harkness LLP | Angela Fontaine | Responsible Partner | Engagement oversight | 200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604 | Matter No. 1009-00007
Calderwood & Harkness LLP | Calderwood & Harkness LLP | Renata Vasquez | Billing Partner | Billing management | 200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Calderwood & Harkness LLP | Calderwood & Harkness LLP | Liam Prescott | Of Counsel | Technology transactions advisor | 200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Calderwood & Harkness LLP | Calderwood & Harkness LLP | Amy Chesterton | Lead Associate | Lead drafter / negotiator | 200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Calderwood & Harkness LLP | Calderwood & Harkness LLP | Nathan Ikeda | Working Associate | Supporting drafter / research; closing checklist preparer | 200 South Ashbury Asset Advisors, Suite 1800, Chicago, IL 60604
Hargrove, Tully & Cascade Insurance Brokers | Hargrove, Tully & Cascade Insurance Brokers | Douglas Krenshaw | Partner | Lead outside counsel for Meridian | 1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005 | ~620 attorneys
Hargrove, Tully & Cascade Insurance Brokers | Hargrove, Tully & Cascade Insurance Brokers | Megan Faircloth | Senior Associate | Drafting lead for Meridian | 1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005
Hargrove, Tully & Cascade Insurance Brokers | Hargrove, Tully & Cascade Insurance Brokers | Ryan Tso | Associate | Junior support for Meridian | 1 Chase Manhattan Plaza, Suite 5500, New York, NY 10005
Pinnacle Ridge Capital Partners, LP | Pinnacle Ridge Capital Partners, LP | Elise Drummond | Managing Partner | Board/consent authority; 62% owner of Skybridge | Delaware LP | Consent required for contracts >$25,000,000 TCV
Alcott & Grenier LLP | Alcott & Grenier LLP | Simone Alcott | Partner | Pinnacle Ridge's counsel for consent review | 1001 Pennsylvania Avenue NW, Suite 700, Washington, DC 20004
Crestfield Cyber Advisors, Inc. | Crestfield Cyber Advisors, Inc. | Winston Lam | CEO | Security audit firm leadership | 222 West Adams Street, Suite 1200, Chicago, IL 60606
Crestfield Cyber Advisors, Inc. | Crestfield Cyber Advisors, Inc. | Deepa Rajan | Lead Auditor | SOC 2 Type II / ISO 27001 auditor | 222 West Adams Street, Suite 1200, Chicago, IL 60606 | SOC 2 report: March 15, 2025; ISO 27001 cert: January 22, 2025
Sentinel Escrow Services, Inc. | Sentinel Escrow Services, Inc. | Source code escrow agent | 100 Wilshire Boulevard, Suite 950, Santa Monica, CA 90401 | Escrow Agreement No. SCE-2025-04417
Orion Cloud Services, Inc. | Orion Cloud Services, Inc. | Cloud infrastructure provider (IaaS subprocessor) | 4500 Great America Parkway, Santa Clara, CA 95054 | Upstream SLA: 99.95% monthly uptime; US-East (Virginia) and US-West (Oregon) regions
Coastal Assurance Corporation | Coastal Assurance Corporation | Cyber liability / E&O insurer | Connecticut | Policy No. CA-TECH-2025-07831; $25M per occurrence / $50M aggregate; April 1, 2025 – March 31, 2026
Hathaway & Pendleton, LLP | Hathaway & Pendleton, LLP | Bruce Ogilvie | Lead Audit Partner | Independent financial auditor for Skybridge | 300 North LaSalle Street, Suite 2400, Chicago, IL 60654 | Most recent audit opinion: April 30, 2025 (FY 2024)
[sheet: Key Deal Terms Summary]
Term / Item | Detail | Notes
Agreement | Master Software-as-a-Service Agreement (MSA) with Order Form and Exhibits A–D plus Source Code Escrow Agreement | SkyComply™ AML/transaction-monitoring platform
Licensor | Skybridge Fintech Ltd., 1400 Concord Pike, Suite 320, Wilmington, DE 19803 | Delaware limited company (alternative entity)
Licensee | Meridian National Bank, National Association, 600 Lexington Avenue, 40th Floor, New York, NY 10022 | National banking association; ~$485B total assets; holding co.: Meridian Financial Group, Inc.
Total Contract Value (TCV) | $50,000,000 | 5-year initial term; post-6.72% volume discount from $53,600,000 gross undiscounted TCV
Year 1 Fees (post-discount) | $12,700,000 | Includes platform subscription, $3,600,000 implementation (one-time), $1,800,000 support & managed services
Years 2–5 Annual Fees | $9,325,000/yr | ($50,000,000 − $12,700,000) ÷ 4 = $9,325,000
Licensed Users | 32,000 named users | Incremental users at $275/user/yr (no volume discount)
Platform Subscription Fee (pre-discount) | $8,200,000/yr | 32,000 users × $256.25/user/yr
Payment Terms | Quarterly in advance; net 30 days from invoice
Annual Escalator | 3.0% CPI-based beginning Year 3; capped at 3.5%
Initial Term | 5 years: March 1, 2026 – February 28, 2031 | Two successive 1-year auto-renewals; 180-day non-renewal notice
Implementation Period | September 15, 2025 – February 28, 2026 (~5.5 months) | Go-Live Date targeted: March 1, 2026
Termination for Convenience | After Year 2; 12 months' prior written notice; ETF = 50% of remaining ACV | E.g., end of Y3 ETF = 50% × $9,325,000 × 2 = $9,325,000
SLA Uptime Target | Negotiated (Skybridge: 99.9% vs. Meridian: 99.95%) | Orion Cloud upstream SLA: 99.95%
SLA Credit Cap — Monthly | 30% of monthly subscription fee (Y1: $317,500; Y2–5: $233,125)
SLA Credit Cap — Annual | 15% of annual subscription fee (Y1: $1,905,000; Y2–5: $1,398,750)
IP Indemnification Cap | Uncapped | Industry standard
Data Breach Indemnification Cap (Skybridge position) | $18,650,000 (2× annual fees) | Meridian demanded uncapped
General Indemnification Cap | $9,325,000 (1× annual fees)
Aggregate Liability Cap | $18,650,000 (2× annual fees) | Excludes uncapped items
Data Security Super-Cap (Skybridge position) | $27,975,000 (3× annual fees) | Meridian demanded uncapped
Governing Law | State of Delaware | Venue: Delaware courts (Court of Chancery or U.S. District Court, District of Delaware)
Dispute Resolution | Mandatory executive escalation + 60-day JAMS mediation before litigation | Mutual jury waiver
Regulatory Examination Rights | OCC, Federal Reserve, FDIC examination per OCC Bulletin 2013-29, Interagency Guidance, Bank Service Company Act (12 U.S.C. § 1867)
Cyber Insurance | Coastal Assurance Corp., Policy No. CA-TECH-2025-07831; $25M/occurrence, $50M aggregate | Policy period: April 1, 2025 – March 31, 2026
Source Code Escrow | Sentinel Escrow Services, Inc.; Escrow Agreement No. SCE-2025-04417; $13,000/yr ($6,500 each party)
Pinnacle Ridge Consent | Required for TCV >$25,000,000; Pinnacle Ridge holds 62% of Skybridge | Consent reviewed by Alcott & Grenier LLP (Simone Alcott)
Client's Outside Counsel | Calderwood & Harkness LLP; Matter No. 1009-00007 | Engagement letter dated August 25, 2025; estimated fees $275,000–$375,000
Counterparty's Outside Counsel | Hargrove, Tully & Cascade Insurance Brokers (Douglas Krenshaw, Partner)
Skybridge FY 2024 Revenue | $78,300,000 | Audited by Hathaway & Pendleton, LLP (opinion dated April 30, 2025)
Skybridge FY 2024 EBITDA | $11,700,000 | Gross margin 74%; net retention 118%; ~420 employees

[sheet: Closing Checklist]

STATUS SUMMARY

Record

Parties

Dates

Amounts