AVALARA ISSUED STOCK IN MATRIX DEAL

Avalara logoAvalara has issued $425,355 in stock that was used in an asset purchase deal, according to a recent SEC filing. SEC filings on the issuance of stock in private companies are thin in detail. However,  CEO Scott McFarlane confirmed this was part of the consideration used in the recent purchase of the UPC Matrix Master database from Tax Matrix by Bainbridge Island, Wash.-based Avalara

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