Bionoid Pharma Inc. (OTCPK : BINP) signed a Letter of Intent to acquire Global Alerts Corp. on March 22, 2023. Bionoid Pharma confirmed that the LOI, originally set to expire on August 16, 2023, has been extended to the earlier of: (i) the date of execution of a definitive agreement, or (ii) November 14, 2023.

This extension facilitates the comprehensive due diligence process between Global Alerts Corp. and Bionoid Pharma. As of December 8, 2023, Bionoid Pharma Inc. (OTCPK : BINP) signed a binding agreement to acquire Global Alerts Corp.

The Company announced that the closing date for the definitive agreement has been set for January 31, 2024.