The movie, which played to enthusiastic crowds at Venice and Toronto film festivals, has been one of the few notable sales from this year’s fall festival circuit.

Netflix also acquired Anna Kendrick’s directorial debut “Woman of the Hour” out of TIFF for $11 million, while A24 nabbed the Colman Domingo-led “Sing Sing.”

But deals have been slow to come together for other movies on the market, such as Chris Pine’s “Poolman” or Viggo Mortensen’s “The Dead Don’t Hurt.”

“Hit Man” follows Powell as Gary Johnson, a part-time teacher who moonlights as a mysterious gun man for hire. But there’s a catch in hiring him to off cheating spouses or abusive bosses — he’s working for the cops. When he breaks protocol to help a desperate woman (Adria Arjona of “Morbius” and “6 Underground” fame) trying to flee an abusive husband, he finds himself becoming one of his false personas, falling for the woman and flirting with turning into a criminal himself.

In addition to directing, Linklater adapted the screenplay with Powell from a Texas Monthly article by Skip Hollandsworth.

Netflix hasn’t solidified release plans, but the film is expected to play in theaters before landing on the streamer.

“Hit Man” has been well received by critics due to its effective blend of underworld and elements of noir about the world’s unlikeliest undercover agent.

Projecting the cool offbeat charm and good looks of a leading man, Powell is quickly becoming Hollywood’s major star.