Brief: NovaBay Pharmaceuticals Board Determines Unsolicited Offer Is Superior To Asset Purchase Agreement With PRN Physician Recommended Nutriceuticals, LLC

Stablecoin Development

29/10/2024 12:23

Oct 29 (Reuters) - NovaBay Pharmaceuticals Inc  NBY.A :
    * NOVABAY PHARMACEUTICALS BOARD DETERMINES UNSOLICITED OFFER
IS
SUPERIOR TO ASSET PURCHASE AGREEMENT WITH PRN PHYSICIAN
RECOMMENDED NUTRICEUTICALS, LLC
    * NOVABAY PHARMACEUTICALS:  UNDER REFRESH'S OFFER CO WOULD
RECEIVE
A PURCHASE PRICE OF UP TO $11.5 MILLION
    * NOVABAY PHARMACEUTICALS: REFRESH'S OFFER ALSO INCLUDES
REFRESH
PROVIDING A SECURED TERM LOAN TO CO IN PRINCIPAL AMOUNT OF $2.0
MILLION

Source text:  ID:nBw1bPX0Da 
Further company coverage:  NBY.A 

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