Brief: Imperio ASI Signs Shareholders Agreement On Merger Of Cosma Group And Cosma Cannabis

Imperio Alternatywna Spolka Inwestycyjna SA

31/08/2022 06:44

Aug 31 (Reuters) - IMPERIO ASI SA  IMPP.WA :
    * SAID ON TUESDAY IT HAS SIGNED SHAREHOLDERS AGREEMENT WITH
KEY
SHAREHOLDERS OF COSMA CANNABIS (CC), COSMA GROUP (CG), AND COSMA
GROUP SHAREHOLDERS ARTUR GORSKI AND JANUARY CISZEWSKI
    * AGREEMENT IS FOR COOPERATION IN MERGER OF CG AND CC
    * THE MERGER WILL BE CONDUCTED VIA TRANSFER OF THE CC ASSETS
TO CG
IN RETURN FOR SHARES IN CG GRANTED TO SHAREHOLDERS OF CC
    * THE PARTIES HAVE MADE A COMMITMENT TO AID CG IN OBTAINING
ADDITIONAL FUNDS OF UP TO 7.2 MILLION ZLOTYS UNTIL MARCH 30,
2023
    * THE ADDITIONAL FUNDS ARE TO BE USED FOR CG'S ORGANIC
GROWTH
    * THE PARTIES HAVE ALSO MADE COMMITMENTS TO AID CG IN
LEASING
BUSINESSES FROM TWO DIET SUPPLEMENT PRODUCERS AND IN THE PROCESS
OF ACQUIRING THE SAID ENTITIES

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM68QFYNa
 further company coverage:  IMPP.WA  

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