Subsequent Events |
6 Months Ended |
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Dec. 31, 2020 | |
Subsequent Events [Abstract] | |
Subsequent Events |
Note 17 - Subsequent Events On February 2, 2021, the Company and Holders of the outstanding Convertible Notes agreed, in connection with our installment notice for the February 1, 2021 installment amount, to increase the installment amount for February 1, 2021, in the aggregate, by $4,400,000, and the Holders have elected to defer the increased installment amount from February 1, 2021 to March 1, 2021, with the increased Installment Amount and such deferral being effective as of January 31, 2021. The Company issued 1,113,969 shares of common stock of Akerna to the holders of Akerna’s convertible notes upon conversion of installment amounts due under the terms of the notes during the first quarter of 2021.
On March 11, 2021, Akerna issued a press release announcing the execution of a purchase agreement to acquire Viridian Sciences Inc. (“Viridian”), a cannabis business management software system built on SAP Business One. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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