Renovaro (RENB) signed a binding letter of intent to acquire Predictive Oncology (POAI), the companies said Monday.
Under the terms of the agreement, Predictive Oncology will merge into Renovaro in exchange for a newly created series of Renovaro preferred stock, Predictive Oncology said.
The company said the parties are looking to enter definitive documentation for the merger by no later than Feb. 28.
Renovaro shares were up 12% while POAI shares were due off halt at 9:50 am ET.
Price: 1.21, Change: +0.28, Percent Change: +30.13
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。