Yunhong CTI agrees to redeem its equity in Flexo Universal for $500,000

YUNHONG GREEN CTI LTD.

Total consideration: $100,000 cash at closing + $400,000 secured promissory note payable over 12 months.
Closing conditions: CTI released from Flexo's lease guarantee and repays PNC Bank obligations in full.
Closing expected by October 10, 2021; buyer is Kingman Distributions, S.A. de C.V.
Transaction involves redemption of all CTI's equity (49,999 Serie A and 47,278,870 Serie B shares).

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