Brief: Gedi Cube And Renovaro Biosciences Sign Definitive Agreement To Combine

Lunai Bioworks

29/09/2023 14:42

Sept 29 (Reuters) - Renovaro Biosciences Inc  RENB.O :
    * GEDI CUBE AND RENOVARO BIOSCIENCES SIGN DEFINITIVE
AGREEMENT TO
COMBINE
    * RENOVARO BIOSCIENCES INC: GEDI CUBE'S OUTSTANDING EQUITY
INTERESTS WILL BE EXCHANGED FOR SHARES OF RENOVARO COMMON STOCK
    * RENOVARO BIOSCIENCES INC: TRANSACTION IS STRUCTURED AS A
STOCK-FOR-STOCK ACQUISITION
    * RENOVARO BIOSCIENCES INC - UNPON DEAL, GEDI CUBE EQUITY
HOLDERS
ARE EXPECTED TO OWN APPROXIMATELY 50% OF COMBINED COMPANY
    * RENOVARO: AGREEMENT WAS EXECUTED BY A SUPERMAJORITY
CONTROLLING
INTEREST OF 78 PERCENT OF GEDI CUBE SHAREHOLDERS

Source text for Eikon:  ID:nBw808sfta 
Further company coverage:  RENB.O 

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