Emergent Health Corp (OTCPK:EMGE) executed a Letter of Intent to acquire Pressure BioSciences, Inc. (OTCPK:PBIO) on July 6, 2022. On July 19, 2022, Regen's Bankruptcy Motion to Dismiss was approved by the US Bankruptcy Court in New Jersey. The transaction is anticipated to close from mid-to-end July 2022.

The transaction is expected to close on or about August 1, 2022.