An undisclosed buyer has entered into a non-binding letter of intent to acquire Koios, Inc. from Koios Beverage Corp..

An undisclosed buyer has entered into a non-binding letter of intent to acquire Koios, Inc. from Koios Beverage Corp. (CNSX:FIT) on March 19, 2024. The transaction is subjective to a due diligence review by the Purchaser.

The transaction is subject to board approvals of the Proposed Transaction by each party. The transaction is subjective to execution of proprietary rights agreements with certain key employees, the assumption of the Company's premises lease obligations by the Purchaser, CSE approval, shareholder approval, if required, and the signing of a binding definitive agreement.