Brief: ProPhase Labs Signs Non-Binding LOI For Proposed Reverse Merger With Advanced Biological Laboratories

Prophase Labs

19/12/2025 12:05

Dec 19 (Reuters) - Prophase Labs Inc PRPH.O:

PROPHASE LABS SIGNS NON-BINDING LOI FOR PROPOSED REVERSE MERGER WITH ADVANCED BIOLOGICAL LABORATORIES

PROPHASE LABS INC: UNDER DEAL, ABL WOULD BECOME MAJORITY OWNER OF COMBINED ENTITY

PROPHASE LABS INC: PROPOSED DEAL FOR MAY IMPLY AN ENTERPRISE VALUE OF UP TO APPROXIMATELY $30 MILLION

PROPHASE LABS INC: UNDER LOI, MAY DECLARE A SPECIAL CASH DIVIDEND OF UP TO $10 MILLION

PROPHASE LABS: PROPOSED DEAL ENVISIONS THAT ABL SHAREHOLDERS WOULD OWN ABOUT 76% OF COMBINED CO AT CLOSING

Source text: ID:nGNX28zCmJ

Further company coverage: PRPH.O

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