M&A
confidence high
sentiment positive
materiality 0.60
RetinalGenix acquires DNA/GPS for 2M shares; combines retinal imaging with genetic mapping
RetinalGenix Technologies Inc.
- Acquired all outstanding shares of DNA/GPS Inc. in exchange for 2,000,000 shares of RTGN common stock.
- DNA/GPS is a pharmacogenetics company based in Tampa, FL, founded by Dr. Lawrence Perich.
- Combined platform aims to enable home-based screening and diagnosis of systemic diseases like heart disease, Alzheimer's, Parkinson's.
- Dr. Perich to join advisory board; platform expected to reduce reliance on costly procedures like CT, MRI, PET.
- Shares issued in private placement exempt from registration under Section 4(a)(2).