Citrine Global Corp. (OTCPK:CTGL) signed a binding agreement to acquire 19% stake in iBOT Israel-Botanicals LTD for NIS 5.23 million on November 19, 2023. Citrine Global Corp. will acquire up to 51% of the shares of iBOT Israel Botanicals Ltd. (iBOT) by initially acquiring 19% and an option to obtain an additional 32% of the equity of iBOT. Citrine Global Corp. (OTCPK:CTGL) will issue fully diluted basis in consideration for which it will issue to 70,370,370 shares of the Company?s common stock to iBOT Israel.

Citrine Global Corp. (OTCPK:CTGL) acquired 19% stake in iBOT Israel-Botanicals LTD on December 31, 2023.