TTB total brain limited
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Aug 5 (Reuters) - Total Brain Ltd (TTB) : ENTERS INTO BINDING...

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    05/08/22
    17:35
    Post #: 62952685

    Aug 5 (Reuters) - Total Brain Ltd (TTB) :

    • ENTERS INTO BINDING AGREEMENT WITH SONDERMIND TO PURCHASE TTB BUSINESS THROUGH A SALE OF ASSETS
    • PURCHASE PRICE IS US$10 MILLION
    • POST-COMPLETION OF TRANSACTION, TTB INTENDS TO RETURN FUNDS TO SHAREHOLDERS VIA A BUY-BACK FACILITY AND COMMENCE A WINDING UP
    • ENTERED BINDING ASSET SALE AGREEMENT WITH SONDERMIND
    • ADDITIONAL PAYMENT OF $3 MILLION MAY BE PAYABLE IF CO IMPLEMENTS CLINICAL SERVICES DEAL WITH ONE OF ITS CUSTOMERS BY 22 AUG

    (([email protected];))

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