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8-K filed February 5, 2024, 6:59 PM ET ticker PLSH CIK 0001552189
other material confidence high sentiment neutral materiality 0.35

Panacea Life sells PUR Life assets to related party PLM Holdings for $180K note

PANACEA LIFE SCIENCES HOLDINGS, INC.

item 1.01item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

PANACEA LIFE SCIENCES HOLDINGS, INC. entered into Asset Purchase Agreement with PLM Holdings, Inc. valued at $180,000 promissory note (effective 2024-01-29).

Action
entry
Agreement
asset purchase
Counterparty
PLM Holdings, Inc.
Value
$180,000 promissory note
Effective
2024-01-29
Exact text from the filing
On January 29, 2024, Panacea Life Sciences Holdings, Inc., a Nevada corporation (“Panacea” or the “Company”) entered into an asset purchase agreement (the “Purchase Agreement”) with PLM Holdings, Inc., a Colorado corporation (“PLM Holdings”), whereby PLM Holdings acquired from the Company all assets owned by the Company of and relating to the PUR Life Medical System and assumed certain liabilities from the Company relating to the PUR Life Medical System. In compensation to the Company under the Purchase Agreement, PLM Holdings issued to the Company a promissory note for the aggregate purchase price of $180,000.
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PANACEA LIFE SCIENCES HOLDINGS, INC. filing history →

Source: SEC EDGAR
accession 0001493152-24-004908
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