M&A
confidence high
sentiment negative
materiality 0.80
NIMS amends Gravitics merger: Gravitics holders to own 96.5% of combined company
NON INVASIVE MONITORING SYSTEMS INC /FL/
- Second Amendment to merger agreement dated Aug 11, 2026 modifies post-merger ownership split.
- Gravitics stockholders to own ~96.5% of combined company; NIMS stockholders ~3.5%.
- Amendment restates Section 1.5(b) of the May 6, 2026 merger agreement, as amended June 30, 2026.
- Merger sub will merge with and into Gravitics, with Gravitics surviving as NIMS subsidiary.