Nordic Transport Group A/S entered into non-binding letter of intent to acquire NeuroSearch A/S in a reverse merger transaction.

Nordic Transport Group A/S entered into non-binding letter of intent to acquire NeuroSearch A/S (CPSE:NEUR) in a reverse merger transaction on April 5, 2019. Under the transaction, combination of NeuroSearch and NTG, to be effected by the contribution into NeuroSearch of all shares in NTG against the issuance of new shares in NeuroSearch to the shareholders in NTG. Carnegie Investment Bank AB acted as financial advisor to NeuroSearch.

Danske Bank A/S acted as financial advisor for Nordic Transport Group A/S.