Trajan Group Holdings Limited (ASX:TRJ) acquired Neoteryx, LLC from Farrona, LLC on December 30, 2021. Trajan has acquired 100% of the shares in Neoteryx along with remaining global operations through a share swap and cash payment arrangement. The current parent company of Neoteryx, Farrona LLC, (Farrona) will be issued 4,659,843 ordinary fully paid shares in Trajan (New Shares). The New Shares are subject to a voluntary escrow agreement to be held by Farrona for minimum period of six months (180 days). An additional cash payment of $5.05 million, to be fully funded through debt, will be paid by Trajan to Farrona, excluding closing working capital adjustments. With the departure of Fasha Mahjoor, Stephen Tomisich will assume an acting Chief Executive Officer position with the current Neoteryx leadership team reporting directly to him. While not immediately EBITDA accretive as a result of this transaction Trajan expect to see a meaningful acceleration of the micro sampling portfolio’s contribution to both Trajan’s top line and EBITDA growth over the next 3-5 years. Trajan Group Holdings Limited (ASX:TRJ) completed the acquisition of Neoteryx, LLC from Farrona, LLC on December 30, 2021.