Rivulet Entertainment Inc.

10/15/2024 | Press release | Distributed by Public on 10/15/2024 13:38

Material Agreement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement.

On October 9, 2024, Rivulet Entertainment, Inc., (f/k/a Advanced Voice Recognition Systems, Inc.) a Nevada corporation ("the Company"), and Rivulet Media, Inc., a Delaware corporation (Rivulet), collectively the Parties, entered into a third addendum that amended the Asset Purchase Agreement (the "Purchase Agreement"), dated March 1, 2024 to remove Maughan Music, Inc. as a purchased asset and added Storyland Animation LLC as a purchased asset.

The addendum also clarified the liabilities to read that liabilities due Rivulet Media, Inc., Rivulet Films, Inc. and all trade accounts, other than those that may be due to Nutcracker and /Kicklight, are not being assumed by the Company

All other terms and conditions of the Purchase Agreement shall remain in full force and effect.