Brief: Avalon Globocare Announces Execution Of Purchase Agreement For Acquisition Of Senlangbio In All Stock Transaction

Change Agents

14/06/2021 14:15

June 14 (Reuters) - Avalon Globocare Corp  AVCO.O :
    * AVALON GLOBOCARE ANNOUNCES EXECUTION OF PURCHASE AGREEMENT
FOR
ACQUISITION OF SENLANGBIO IN ALL STOCK TRANSACTION
    * AVALON GLOBOCARE CORP - AVALON TO SELL 15.6% EQUITY
INTEREST IN
SENLANGBIO TO INSTITUTIONAL HEALTHCARE INVESTOR FOR USD $30
MILLION
    * AVALON GLOBOCARE - CO TO ACQUIRE SENLANGBIO'S PROPRIETARY
CELLULAR THERAPY PORTFOLIO CONSISTING OF MULTIPLE AUTOLOGOUS &
ALLOGENEIC CANDIDATES
    * AVALON GLOBOCARE CORP - CO WILL ISSUE 81 MILLION SHARES OF
ITS
COMMON STOCK TO ACQUIRE SENLANGBIO

Source text for Eikon:  ID:nGNX4HNbGG 
Further company coverage:  AVCO.O 

 ((Reuters.Briefs@thomsonreuters.com;))