Brief: Novo Integrated Sciences Entered Into A Purchase And Sale Agreement With Blake Alsbrook

Novo Integrated Sciences

27/11/2023 15:26

Nov 27 (Reuters) - Novo Integrated Sciences Inc
 NVOS.O :
    * NOVO INTEGRATED SCIENCES INC -  ON NOV 21, ENTERED INTO A
PURCHASE AND SALE AGREEMENT BETWEEN CO AND BLAKE ALSBROOK
    * NOVO INTEGRATED SCIENCES -  AGREED TO PURCHASE, SUCCESSOR
RECEIVER AGREED TO SELL OPHIR COLLECTION SUBJECT TO
CONTINGENCIES OUTLINED IN OPHIR DEAL
    * NOVO INTEGRATED SCIENCES INC - OPHIR AGREEMENT WAS
EFFECTIVE
UPON EXECUTION BY BOTH PARTIES; HOWEVER, OPHIR AGREEMENT IS
SUBJECT TO APPROVAL BY COURT
    * NOVO INTEGRATED SCIENCES INC - IF COURT DOES NOT APPROVE
OPHIR
AGREEMENT, OPHIR AGREEMENT WILL BE VOID PURSUANT TO ITS TERMS
    * NOVO INTEGRATED SCIENCES INC - AGREED TO PAY $60 MILLION
TO
SUCCESSOR RECEIVER TO PURCHASE OPHIR COLLECTION

Further company coverage:  NVOS.O 

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