oldman69
10 months ago
Nu-Med Plus Inc ($NUMD) has shared an update.
Nu-Med Plus, Inc. has successfully merged with YourSpace America, Inc., which is now a wholly owned subsidiary following the closure of the transaction on April 28, 2024. The merger was facilitated by a Share Exchange Agreement, where YourSpace America’s shareholders exchanged all their shares for Nu-Med Plus’s Series A and X Preferred Stock. The agreement necessitates a two-year audit of YourSpace America, the results of which will be disclosed in an amended report following completion.
oldman69
11 months ago
Nu-Med Plus Inc Expands Through Strategic Merger and Leadership ChangesCompany Announcements
Nu-Med Plus Inc Expands Through Strategic Merger and Leadership Changes
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Nu-Med Plus Inc () has shared an update.
Nu-Med Plus, Inc. has successfully merged with YourSpace America, Inc., which is now a wholly owned subsidiary following the closure of the transaction on April 28, 2024. The merger was facilitated by a Share Exchange Agreement, where YourSpace America’s shareholders exchanged all their shares for Nu-Med Plus’s Series A and X Preferred Stock. The agreement necessitates a two-year audit of YourSpace America, the results of which will be disclosed in an amended report following completion.
Lottalead
1 year ago
Excerpt from the latest 10Q:
On May 15, 2023, Nu-Med Plus, Inc. entered into a non-binding letter of intent with YourSpace America, Inc. (“YSA”), a Delaware corporation, for the merger of YSA into Nu-Med, subject to due diligence. Pursuant to the LOI, the Parties will enter into an agreement and plan of merger which will be mutually negotiated and drafted by the Parties. The Company (as the surviving entity) will assume all liabilities of YSA (as the merging entity) including any liabilities arising from, or in connection with, any contracts assigned by YSA to the Company as part of the Transaction.
As of the date of this filing, and pursuant to the LOI, the completion and closure of the Transaction remains subject to due diligence and negotiation of definitive agreements including, without limitation, exhibits and schedules thereto.
https://www.otcmarkets.com/filing/html?id=17022151&guid=oQJ-ka1smglbdth