Endonovo Closes Asset Purchase Agreement for a Minimum of $50M With SofPulse, Inc
NDONOVO THERAPEUTICS INC (ENDV)
NASDAQ:AMEX Investor Relations:
ir.endonovo.com
Company Research
Source: GlobeNewswire
Los Angeles, CA, March 28, 2024 (GLOBE NEWSWIRE) -- Endonovo (OTC PINK: ENDV) and its subsidiary, SofPulse, Inc., today announced they have finalized and completed the Asset Purchase Agreement (APA), originally signed in December 2023, for the acquisition of Endonovo's assets and Intellectual Property (IP) for a minimum of $50 million. With completion of the APA, both Endonovo and SofPulse, Inc. share a strategic vision and a commitment for long term growth. Finalized Terms of SofPulse, Inc. Spin-off The APA transaction for the purchase of Endonovo assets and IP by SofPulse, Inc. is now closed, pending the customary regulatory approvals. Key points of the APA include: Agreement to engage Adeptus, a qualified third party's asset valuation firm.Acquisition of ENDV IP by SofPulse Inc., including FDA-clearance in the human medical markets, for $50 Million, with potential additional valuation determined by Adeptus (which management believes will be between $50 mi
Show less
Read more
Impact Snapshot
Event Time:
ENDV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ENDV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ENDV alerts
High impacting NDONOVO THERAPEUTICS INC news events
Weekly update
A roundup of the hottest topics
ENDV
News
- Endonovo Closes Asset Purchase Agreement for a Minimum of $50M With SofPulse, Inc [Yahoo! Finance]Yahoo! Finance
- Endonovo's SofPulse® to Be Featured at Innovative Pain Management Solutions [Yahoo! Finance]Yahoo! Finance
- Endonovo’s SofPulse® to Be Featured at Innovative Pain Management SolutionsGlobeNewswire