Brief: Chromadex - Indirect Subsidiary Of Co & Hong Kong Taikuk (China) Group Entered Into A Shareholders Agreement

Niagen Bioscience

03/10/2022 11:55

Oct 3 (Reuters) - Chromadex Corp  CDXC.O :
    * CHROMADEX - ON SEPT 30, INDIRECT SUBSIDIARY OF CO & HONG
KONG
TAIKUK (CHINA) GROUP LTD, ENTERED INTO A SHAREHOLDERS AGREEMENT
    * CHROMADEX - UNDER AGREEMENT TAIKUK TO CONTRIBUTE $1.0
MILLION IN
EXCHANGE FOR 11% NON-VOTING EQUITY INTEREST IN CHROMADEX ASIA
PACIFIC VENTURES LIMITED
    * CHROMADEX CORP - AGREEMENT HAS AN INITIAL TERM OF 20
YEARS,
UNLESS EARLIER TERMINATED
    * CHROMADEX CORP - ON SEPT 30 ENTERED INTO A SECURITIES
PURCHASE
AGREEMENT WITH PIONEER STEP AND CHAMPION RIVER VENTURES AND
ROBERT FRIED
    * CHROMADEX CORP - PURSUANT TO PURCHASE AGREEMENT, CO AGREED
TO
SELL AND ISSUE $3.1 MILLION OF CO'S COMMON STOCK

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