PainReform (PRFX) said Tuesday it signed a definitive agreement to acquire DeepSolar, an AI-driven solar analytics platform, from Israeli-based company BladeRanger.
Under the agreement, PainReform said it will gain rights to various assets, including intellectual property, customer relations, agreements, and the "My DeepSolar" application and platform.
The company said BladeRanger will receive 178,769 shares, equal to 9.9% of PainReform's issued and outstanding share capital, together with pre-funded warrants, milestone warrants, and additional warrants to purchase shares of PainReform.
Some BladeRanger employees will also enter into employment agreements with PainReform as part of the deal, the company said.
The acquisition is slated to close before the end of February.
PRFX shares were up 84% in recent premarket activity.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。