GBS Inc

NASDAQ:GBS   3:09:27 PM EDT
0.73
-0.01 (-1.22%)
Debt Financing / Related, Products

GBS Inc Enters Into Exclusivity Agreement For Acquisition Of Unique Point Of Care Diagnostic Screening Technology Focused On Opioids And Drugs Of Abuse

Published: 06/16/2022 12:44 GMT
GBS Inc (GBS) - Gbs Inc. Enters Into Exclusivity Agreement for an Acquisition of Unique Point of Care Diagnostic Screening Technology Focused on Opioids and Drugs of Abuse.
Gbs- Has Entered Into a Bridge Facility Agreement Through Which Gbs Will Provide Ifp With an Unsecured Term Loan Facility in Amount of $500,000 (usd).
Gbs Inc- Exclusivity Agreement Provides Gbs With Exclusive Right Until Dec 31 to Evaluate and Negotiate a Transaction to Acquire Ifp Or Its Assets.
Gbs- Through Proposed Deal, Gbs Would Gain Access to Full Ifp Product Portfolio, Ifp's Current Customer Base and Iso 13485 Uk Manufacturing Facility.
Gbs Inc - Exclusivity Agreement Provides Co With Exclusive Right Until Dec 31 to Evaluate and Negotiate a Transaction to Acquire Ifp Or Its Assets.