This roughly 1-year-old AI app-building SaaS returned after 20 days pending, then cut its asking price 71.4% from $2.1M to $600K, a $1.5M reduction, just two days later.

Timeline: First detected on DealSlide on June 11, 2026, it went pending on July 12 after 31 days. It returned to the market on August 1 and dropped to $600K on August 3.

The numbers: The new price equals approximately 2.1x TTM revenue and 4.0x TTM profit, based on $284.2K in revenue and $150.8K in profit. The SaaS lets users build websites, mobile apps, browser extensions, and bots through AI prompts.

On the failed deal: A price reset this large and this soon after returning is difficult to separate from the unsuccessful process. Buyers should determine whether the original valuation was simply too aggressive or whether diligence uncovered concerns around performance, churn, AI infrastructure costs, or revenue quality.

The most important question to ask: What caused the previous deal to fall apart, and what changed or surfaced during diligence to justify cutting the price from $2.1M to $600K?