Atriva Therapeutics GmbH entered into a letter of intent to acquire Biocure Technology Inc. (CNSX:CURE) on September 8, 2023. Pursuant to the Transaction, Biocure Technology Inc. will issue common shares in its capital to the shareholders in the capital of Atriva on the basis of a proposed exchange ratio such that, following the closing of the Transaction, on a fully diluted basis, approximately 75% of the securities of the Resulting Issuer will be held by current Atriva securityholders, together with subscribers in a concurrent financing, and approximately 25% of the securities of the Resulting Issuer will be held by current CURE shareholders. the transaction is subject to the completion of satisfactory due diligence, the parties entering into a definitive agreement with respect to the Transaction on or before November 30, 2023, the completion of a private placement by Atriva or CURE and the approval of the shareholders of the Company and Atriva, and the approval of the CSE and other applicable regulatory authorities.
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5-day change | 1st Jan Change | ||
0.015 CAD | -25.00% | -.--% | -.--% |
1st Jan change | Capi. | |
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-.--% | 1.03M | |
+17.98% | 21.37B | |
+7.97% | 2.79B | |
+14.53% | 1.89B | |
+1.94% | 1.7B | |
-23.60% | 665M | |
-9.27% | 284M | |
+6.74% | 92.53M | |
-40.00% | 53.43M |
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- Atriva Therapeutics GmbH entered into a letter of intent to acquire Biocure Technology Inc..