C-Bond Systems, Inc. General form of registration statement for all companies including face-amount certificate companies

Acquisition of Mobile Tint LLC (Tables)

9 Months Ended

Sep. 30, 2021

	Total
Assets acquired:
Cash	$	288,902
Accounts receivable, net		40,587
Inventory		68,019
Prepaid expenses and other		6,091
Property and equipment		140,210
Right of use asset		253,433
Intangible assets		550,798
Total assets acquired at fair value		1,348,040
Less: total liabilities assumed:
Notes payable		95,013
Accounts payable		65,728
Accrued expenses		92,914
Customer deposit		110,000
Lease liability		253,433
Noncontrolling interest		36,031
Total liabilities assumed		653,119
Net assets acquired	$	694,921
Purchase consideration paid:
Fair value of common shares issued	$	694,921
Total purchase consideration paid	$	694,921