💰 Financial Record

expense

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Transaction Details

Amount

USD $25,000.0

Payer (From)

k12 Linked to k12

Payee (To)

Affiliate of Michael and Lowell Milken Linked to Affiliate of Michael and Lowell Milken

Description

License fee for k12 trademark and domain names.

Additional Details

Date string: Annual

Amount string: 25000

Source document: HOUSE_OVERSIGHT_024568.jpg

📄 Source Document

HOUSE_OVERSIGHT_024568.jpg

ESTATE Collection

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Document Summary

This document page details financial indebtedness and affiliate transactions involving Knowledge Universe Education (KUE), k12, and the Milken brothers (Michael and Lowell). It outlines a $150 million loan used to repay debt to Michael Milken's entities, details the Milken brothers' ownership of k12 trademarks and stocks, and identifies Condors LLC as a lender for a mezzanine loan. The document bears a House Oversight stamp.

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