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Fuse Group Holding Inc (FUST) is a diversified holding company engaged in various business sectors such as technology, finance, and real estate. With a focus on innovation and growth, the company has a strong track record of successful investments and strategic partnerships. Fuse Group Holding Inc is committed to delivering value to its shareholders through smart acquisitions, organic growth, and a solid financial foundation.
Fuse Group Holding Inc. (OTCQB: FUST) announced a letter of intent to acquire E-Mo Biotech Holding Inc. for $100 million, payable in common stock at $1.00 per share. The acquisition will allow Fuse to enter the biotech sector, focusing on vaccine and treatment development, particularly against SARS-CoV-2. E-Mo is currently applying for FDA approval for a phase 4 clinical trial using an existing polio vaccine for COVID-19. This strategic move aims to aid in pandemic control while expanding Fuse's operational landscape within biotechnology.