BRIEF-Precision Therapeutics Signs Letter Of Intent To Purchase Remainder Of Helomics Corporation Shares [Reuters]
PRECISION THERAPEUTICS INC COMMON (AIPT)
US:NASDAQ Investor Relations:
investors.skylinemedical.com/investor-relations
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Source: Reuters
BRIEF-Precision Therapeutics Signs Letter Of Intent To Purchase Remainder Of Helomics Corporation Shares | Reuters Reuters Staff 1 Min Read April 23 (Reuters) - Precision Therapeutics Inc: * PRECISION THERAPEUTICS, INC. SIGNS LETTER OF INTENT TO PURCHASE REMAINDER OF HELOMICS CORPORATION SHARES * PRECISION THERAPEUTICS - UNDER TERMS OF AGREEMENT, A NEW WHOLLY OWNED UNIT OF CO WILL MERGE WITH AND INTO HELOMICS CORP * PRECISION THERAPEUTICS INC - AGREEMENT INCREASES PRECISION’S EQUITY STAKE IN HELOMICS FROM 25% TO 100% * PRECISION THERAPEUTICS- OUTSTANDING SHARES OF HELOMICS STOCK TO BE CONVERTED INTO RIGHT TO RECEIVE PROPORTIONATE SHARE OF 7.5 MILLION SHARES OF CO’S STOCK * PRECISION THERAPEUTICS INC - ALL WARRANTS OF HELOMICS’ COMMON STOCK WILL BE CONVERTED INTO WARRANTS TO PURCHASE SHARES OF PRECISION COMMON STOCK * PRECISION THERAPEUTICS- HELOMICS’ MANAGEMENT TEAM TO REMAIN IN RESPECTIVE LEADERSHIP POSITIONS AT HELOMICS, TO MANAGE CO’S TUMORGENESIS OPERATIONS Source text for Eikon:
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