Search This Blog

Wednesday, April 29, 2026

XTL Biopharmaceuticals to acquire Psyga Bio in all-share deal

 

XTL Biopharmaceuticals to acquire Psyga Bio in all-share deal, issuing ADSs equal to 40% of post-deal equity

  • XTL will issue additional milestone-based consideration to Psyga Bio stakeholders, subject to the acquired business achieving specified milestones.
  • $1.5 million private placement commitment arranged to provide funding support for the Psyga Bio acquisition transaction.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.