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Trxade Health以价值1.03亿美元的全股票交易收购Sciencia

2024-07-26 22:47

  • TRxADE HEALTH (NASDAQ:MEDS) and Scienture has announced the closing of TRxADE’s business combination with Scienture in an all-stock transaction.
  • TRxADE acquired all of Scienture’s assets in exchange for shares of TRxADE stock, in a combination of common stock and non-voting convertible preferred stock.
  • TRxADE will change its name to “Scienture Holdings” after the future conversion of the non-voting convertible preferred stock, and the combined company is intended to continue as a Nasdaq-listed Co.
  • The Business Combination results in a combined Co. that will be focused on bringing to market innovative branded, specialty pharmaceutical products that significantly enhance the standard of care, while adding value to patients, caregivers and the healthcare system.

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