Brief: Resqunit To Acquire IPR From Bio Vitos Against New Share Issue

Resqunit AB (publ)

20/03/2024 15:39

March 20 (Reuters) - Resqunit AB (publ)  RESQ.ST :
    * HAS TODAY ANNOUNCED ENTRY INTO A CONDITIONAL AGREEMENT FOR ACQUISITION OF INTELLECTUAL
PROPERTY
RIGHTS AND A CAPITAL INJECTION FROM BIO VITOS NORGE AS
    * DEAL IS PROPOSED TO BE EXECUTED VIA DIRECTED NEW ISSUE OF SHARES IN COMPANY TO BIO VITOS
    * FOLLOWING NEW ISSUE, BIO VITOS WILL HOLD 90% OF ALL OUTSTANDING SHARES IN RESQUNIT
    * ACQUIRES IPR FOR NEW BUSINESS FROM BIO VITOS FOR AN AGREED TECHNICAL VALUE OF SEK
3,394,732.75
    * IN EVENT OF ACQUISITION'S COMPLETION, BIO VITOS TO PROPOSE APPOINTMENT OF NEW BOD
    * BIO VITOS ISSUES A TOTAL CASH CONSIDERATION TO RESQUNIT OF SEK 2 MILLION
    * IPR INCLUDES INVENTORY AT AV VALUE OF SEK 600,000 CONSISTING OF OMEGA-3 NORTH NORWAY
PRODUCTS

Source text for Eikon:  ID:nWkr5BY1X8 
Further company coverage:  RESQ.ST 

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