Welcome to our dedicated page for REVIUM RECOVERY news (Ticker: RVRC), a resource for investors and traders seeking the latest updates and insights on REVIUM RECOVERY stock.
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Revium Recovery, Inc. (OTC Pink: RVRC) has signed a non-binding letter of intent to acquire LipoVac, Ltd., a private company specializing in advanced liposomal technologies. The acquisition involves an exchange of outstanding LipoVac shares for RVRC stock, resulting in LipoVac shareholders owning 20% to 40% of RVRC post-transaction. A condition for closing is a $7 million private placement by RVRC. The merger is expected to enhance shareholder value through R&D investments and strategic acquisitions, positioning the combined entity for significant growth in the biotech sector.
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