JanOne Inc

NASDAQ:JAN  
2.21
-0.12 (-5.15%)
Mergers / Acquisitions

Janone Inc. Executes Term Sheet To Acquire Soin Therapeutics Llc

Published: 09/16/2022 15:34 GMT
JanOne Inc (JAN) - Janone Inc. Executes Term Sheet to Acquire Soin Therapeutics Llc.
Janone Inc - Transaction Has a Value of $13 Million.
Janone - Transaction Has Value of $13 Million, With Up to Additional $17 Million in Value Depending on Revenues Generated by Jan123 Product for Up to $30 Million.
Janone Inc - Following Completion of Transaction, Janone Will Work to Advance Jan123 Through Gmp Manufacturing and Into Clinical Trials.