EuroMed Therapeutics Ltd. entered into a letter of intent to acquire RewardStream Solutions Inc. (TSXV:REW) in a reverse merger transaction on April 30, 2019. In accordance with the terms of the Transaction, RewardStream Solutions proposes to consolidate its outstanding share capital on a two-for-one basis, and issue 40 million post-Share Consolidation common shares to the shareholders of EuroMed in exchange for all of the outstanding share capital of EuroMed. Following completion of the Share Consolidation, and the issuance of the Consideration Shares, RewardStream is expected to have approximately 48.741562 million common shares outstanding. EuroMed Therapeutics Ltd. entered into a definitive agreement to acquire RewardStream Solutions Inc. (TSXV:REW) in a reverse merger transaction on June 11, 2019. In connection with completion of the transaction, RewardStream intends to undertake a non-brokered private placement (the “Financing”) of subscription receipts to raise not less than CAD 2.5 million. Prior to closing of the Transaction, RewardStream intends to apply to list its common shares on the Canadian Securities Exchange, and voluntarily delist its shares from the TSX Venture Exchange. On closing of the Transaction, it is anticipated that RewardStream will change its name to “EuroMed Therapeutics Ltd.”. Post completion RewardStream will reconstitute its Board and management to consist of members mutually agreeable to RewardStream and EuroMed. Following completion of the Transaction, it is anticipated that the Board of Directors of RewardStream will be reconstituted to consist of Patrick Morris, Geoff Balderson, David Dalton and one additional nominee to be agreed between RewardStream and EuroMed. Management of RewardStream will consist of Patrick Morris as Chief Executive Officer and Corporate Secretary, and Geoff Balderson as Chief Financial Officer. As of July 8, 2019, RewardStream announced that David Hahn has agreed to join the board of directors of RewardStream following completion of the transaction. Completion of the transaction remains subject to a number of conditions, including the completion of satisfactory due diligence, the negotiation and finalization of definitive documentation, receipt of any required regulatory and third-party consents, approval of minority shareholders of RewardStream to the delisting of the RewardStream’s common shares from the TSX Venture Exchange, completion of the Share Consolidation, completion of the Financing, the Canadian Securities Exchange having conditionally accepted the listing of the RewardStream’s common shares, the TSX Venture Exchange having consented to the voluntarily delisting of the RewardStream’s common shares and the satisfaction of other customary closing conditions including disinterested shareholders approval.