Brief: Superlatus To Combine With TRxADE Health To Create A Global Food Consolidation Platform

Scienture Holdings

23/06/2023 13:10

June 23 (Reuters) - TRxADE Health Inc  MEDS.O :
    * SUPERLATUS, INC. TO COMBINE WITH TRXADE HEALTH, INC., TO
CREATE
A GLOBAL FOOD CONSOLIDATION PLATFORM
    * TRXADE HEALTH INC-UPON CLOSING OF MERGER, SHAREHOLDERS OF
SUPERLATUS WILL RECEIVE 30.8 MILLION SHARES OF MEDS, VALUED AT
$7.30 PER SHARE
    * TRXADE HEALTH INC - BOARD OF BOTH COMPANIES HAVE
UNANIMOUSLY
APPROVED LOI
    * TRXADE HEALTH INC - TRXADE PLANS TO DIVEST ITS EXISTING
OPERATING BUSINESS AND ASSETS SHORTLY AFTER MERGER

Source text for Eikon:  ID:nGNX1F3s9M 
Further company coverage:  MEDS.O 

 (Reuters.Briefs@thomsonreuters.com)