During due diligence my partner and I have noticed several variances with some of the figures provided to us Pre-LOI, A $1MM in ARR was presented to us but it is actually closer to $850k and some customer concentration concerns with one client making up a very large percentage of revenue that was not previously noted.

We were curious as to how standard it is to renegotiate the purchase price prior to the Asset Purchase Agreement and if anyone had experience and best practices with dealing with similar type issues.