M&A
confidence high
sentiment neutral
materiality 0.65
Earth Science Tech, Inc. (ETST): M&A transaction — Earth Science Tech completes two related-party acquisitions, launches Zoolzy pet/wildlife brand
Earth Science Tech, Inc.
- Acquired Avenvi from CEO Saumat for $1.06M cash ($258,788 upfront + 4×$200K monthly); includes 4 ac vacant land, 5,000 sf bldg.
- Acquired Mister Meds from COO Tabraue for $54,200 cash.
- Launched Zoolzy brand for compounded pet/wildlife medications via RxCompoundstore.com.
- Relocated HQ to 8950 SW 74th Ct Suite 1401, Miami; total space now ~7,125 sq ft.
- Repurchased 11,545,898 shares under $5M program as of Sept 30, 2024; program expires Dec 31, 2025.