M&A
confidence high
sentiment neutral
materiality 0.40
Nordicus acquires remaining ~5% of Orocidin, making it wholly owned subsidiary
Nordicus Partners Corp
- Acquired 29,663 Orocidin shares (5.34% of outstanding) for 200,000 restricted common shares.
- Transaction closed November 12, 2024; Orocidin now 100% owned by Nordicus.
- Orocidin is a clinical-stage biopharma developing periodontitis therapies.
- Follows Nordicus' May 2024 purchase of 95% of Orocidin.