Brief: Nordic Nanovector Announces Agreement To Acquire Thor Medical

Thor Medical ASA

06/06/2023 19:13

June 6 (Reuters) - Nordic Nanovector ASA  NANOVN.OL :
    * NORDIC NANOVECTOR ANNOUNCES AGREEMENT TO ACQUIRE THOR
MEDICAL,
AN EMERGING PRODUCER OF ALPHA-EMITTERS FOR RADIOPHARMACEUTICALS
TO TREAT CANCER
    * NEW BOARD OF WILL EVALUATE STRATEGIC ALTERNATIVES FOR
NORDIC
NANOVECTOR'S EXISTING PIPELINE OF PATENTS IN FINANCING STRUCTURE
    * COMBINED COMPANY IS EXPECTED TO HAVE FUNDING THROUGH 2025
    * NORDIC NANOVECTOR WILL OWN AT LEAST 98% OF OUTSTANDING
SHARES IN
THOR MEDICAL
    * NORDIC NANOVECTOR- SCATEC INNOVATION WILL BECOME LARGEST
SHAREHOLDER IN COMBINED COMPANY AFTER TRANSACTION WITH
APPROXIMATELY 24.5% OF ISSUED SHARES
    * NORDIC NANOVECTOR - FORMER SHAREHOLDERS OF THOR MEDICAL
WILL OWN
50% OF COMBINED ENTITY; EXISTING NORDIC NANOVECTOR SHAREHOLDERS
WILL OWN 50%

Source text for Eikon:  ID:nWkrbmzbWg 
Further company coverage:  NANOVN.OL 

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