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Novagant Corp. has finalized its acquisition of two patents from Apex Farms Corp. for 25 million shares of restricted common stock. These patents enhance Novagant's ability to implement commercial and residential hydroponic/aquaponic systems, targeting a growing market valued at $1.33 billion in 2018, with a projected CAGR of 22.52% through 2025. CEO Alexander Woods-Leo emphasized the company’s focus on sustainability and market opportunities arising from patented technology. The acquisition positions Novagant Corp. to significantly tap into both commercial and residential farming.
Novagant Corp. (OTC PINK:NVGT) has signed a binding LOI to acquire Apex Farms Corp. patents to enhance its portfolio in agricultural technology. The company currently holds two patents and has modified the Apex Vertical System for residential use, targeting retail sales through major stores. CEO Alexander M. Woods-Leo emphasizes that these patents will shield Novagant from competition and support sustainable farming practices. Apex Farms specializes in a hydroponic system capable of significantly reducing water usage while maximizing crop yield.
Novagant Corp. (OTCPINK:NVGT) has filed documentation to become current with OTCMarkets.com. The new management, led by CEO Alexander M. Woods-Leo, aims to increase transparency and plans to uplist to OTCQB or OTCQX. To qualify, Novagant needs to be current in financial reporting, undergo corporate certification, and meet bid price criteria. The company intends to file a Registration Statement with the SEC detailing business practices and financial conditions, attracting acquisitions and investors for growth.
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