M&A
confidence high
sentiment positive
materiality 0.70
Healthy Extracts agrees to acquire Hyperion and OPM for $4.3M; conditions include $4M capital raise and Nasdaq listing
HEALTHY EXTRACTS INC.
- Total purchase price of $4.3M: $1.75M cash, $1.3M secured notes, $1.25M in stock (30% premium to capital raise price).
- Closing requires capital raise of at least $4.0M and commencement of trading on Nasdaq Capital Market.
- Targets to be merged into Green Valley Natural Solutions and OPM-NV, both Nevada wholly-owned subsidiaries.
- Hyperion and OPM-VA report sales tax reserves of approx. $70,482 held for payment.