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News: IDT IDT Australia Says Confirms That It Is Continuing To Engage In Discussions With Myndbio

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    11/06/24
    11:25
    Post #: 74256006

    June 11 (Reuters) - IDT Australia (IDT) :

    • CONFIRMS THAT IT IS CONTINUING TO ENGAGE IN DISCUSSIONS WITH MYNDBIO IN CONNECTION WITH PROPOSAL
    • MYND HAS BEEN GRANTED ACCESS TO DUE DILIGENCE INFORMATION ON A NON-EXCLUSIVE BASIS TO PROGRESS DISCUSSIONS
    • MYNDBIO PROVIDED NON-BINDING INDICATIVE CASH OFFER PRICE OF UP TO A$0.15 PER IDT SHARE
    • AT THIS STAGE IT IS PROPOSED THAT PROPOSAL WOULD BE IMPLEMENTED BY WAY OF A SCHEME OF ARRANGEMENT

    (([email protected];))

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