Brief: YGYI Signs Agreement To Acquire All Assets Of Khrysos Global, Provider Of End-To-End Processing Solutions For Hemp

Youngevity International

13/02/2019 13:54

Feb 13 (Reuters) - Youngevity International Inc  YGYI.O :
    * YGYI SIGNS AGREEMENT TO ACQUIRE ALL ASSETS OF KHRYSOS
GLOBAL, A
PROVIDER OF END-TO-END PROCESSING SOLUTIONS FOR HEMP
    * YOUNGEVITY INTERNATIONAL INC -  ALL ASSETS OF KHRYSOS
GLOBAL ARE
TO BE ACQUIRED IN EXCHANGE FOR A TOTAL CONSIDERATION OF $16
MILLION
    * YOUNGEVITY INTERNATIONAL INC - TO ISSUE TO PRINCIPALS OF
KHRYSOS
CONTINGENT CONSIDERATION WARRANTS TO PURCHASE UP TO 3 MILLION
SHARES $10/SHARE
    * YOUNGEVITY INTERNATIONAL INC - AGREEMENT WOULD GIVE YGYI
OWNERSHIP OF INX LABS AND ITS TESTING FACILITIES

Source text for Eikon:  ID:nPn9WSyL1a 
Further company coverage:  YGYI.O 

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