Brief: Superlatus Inc And TRxADE HEALTH Inc Sign Definitive Merger Agreement

Scienture Holdings

30/06/2023 13:45

June 30 (Reuters) - TRxADE Health Inc  MEDS.O :
    * SUPERLATUS, INC. AND TRXADE HEALTH, INC. SIGN DEFINITIVE
MERGER
AGREEMENT TO CREATE A GLOBAL STRATEGIC PLATFORM FOR FOOD AND
HEALTHY SNACK MARKETPLACE AND DISTRIBUTION
    * SUPERLATUS- SHAREHOLDERS OF SUPERLATUS WILL RECEIVE AN
AGGREGATE
OF 173,463 SHARES OF MEDS STOCK
    * SUPERLATUS-MEDS PLANS TO DIVEST ITS EXISTING OPERATING
BUSINESS
AND ASSETS SHORTLY AFTER MERGER
    * SUPERLATUS-BOARD OF DIRECTORS OF BOTH COMPANIES HAVE
UNANIMOUSLY
APPROVED MERGER WHICH IS EXPECTED TO CLOSE IN LATE Q3 OR EARLY
Q4 OF 2023

Source text for Eikon:  ID:nGNX1bvHS5 
Further company coverage:  MEDS.O 

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