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sales Latch Secures Door.com Domain for $1.4 Million with 24-Month Payment Plan - DomainInvesting.com

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Latch Secures Door.com Domain for $1.4 million dollars with 24 month payment plan:
In a Form 8-K SEC filing from Latch, Inc. on September 18, 2023, the acquisition price of the domain name was revealed – $1,400,000 via 24 month payment plan. Latch made an initial payment of $763,000 and will be paying 24 monthly installments of $29,167. Here’s an excerpt from the SEC filing with those details:
SEC Filing: Door.com Acquired for 7 Figures | DomainInvesting.com
 
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Seller got a REALLY bad deal.
 
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