Dream Workz Automotive acquired Manufacturing Assets of MDwerks, Inc. for $0.195 million on August 25, 2023. In consideration for the purchase of the assets, and according to the terms of the Asset Purchase Agreement, the Company paid the sellers an aggregate purchase price of $195,000 in a combination of cash in the amount of $100,000, and a promissory note in the amount of $95,000.

Dream Workz Automotive completed the acquisition of Manufacturing Assets of MDwerks, Inc. on August 25, 2023.