M&A
confidence high
sentiment neutral
materiality 0.70
Centennial Growth Equities acquires exclusive rights to TNG and supplements, exits shell status
NIKA PHARMACEUTICALS, INC
- Acquired 15-year exclusive rights to manufacture and distribute Thymus Nuclear Glycoprotein (TNG) from VITAL FE.
- Also acquired 15-year rights to dietary supplements Palmcarotilen and Fiziolong from MICAR 11.
- Consideration: 8M preferred shares (to Dimitar Savov) for TNG rights; 2M preferred shares for supplement rights.
- Preferred shares granted 1,000 votes each, giving Savov ~10B votes; company no longer a shell company.
- Dimitar Savov is CEO/Director and is the owner of both VITAL (70%) and MICAR (100%).