M&A
confidence high
sentiment neutral
materiality 0.60
Olenox acquires neurotech firm Psylinks for $500K in stock; related party transaction
OLENOX INDUSTRIES INC.
- Acquired 100% of Psylinks Neurotech Corp. for $500,000 in restricted common stock (104,166 shares at $4.80/share).
- Psylinks is a neurotechnology and applied intelligence company combining neuroscience, AI, and closed-loop feedback.
- Key employees Dr. Ford Burles (VP Product Development) and Dr. Michael McLaren-Gradinaru (VP Technology) to be hired.
- Transaction is a related party transaction due to familial relation between a seller and Chairman Michael McLaren; Chairman abstained from board vote.
- Acquisition closed on July 3, 2026; Psylinks becomes wholly owned subsidiary.
Featured in Daily 8-K Digest
Selected #6 for 2026-07-10.
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