ProPhase Labs signs non-binding LOI for reverse merger with ABL, ABL to become majority owner

ProPhase Labs, Inc.

ProPhase Labs (PRPH) entered a non-binding LOI for a reverse merger with Advanced Biological Laboratories S.A. (ABL), a European biotech firm.
Under the proposal, ABL would become the majority owner of the combined entity.
The LOI is non-binding; no definitive agreement or financial terms disclosed.

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