NewGenIvf Group (NIVF) announced that both parties involved in the previously announced reverse merger with European Wellness Investment Holdings have appointed legal counsel to prepare the Share Purchase Agreement. Additionally, by mutual consent, the signing date for the SPA has been extended from January 27, 2025, to February 28, 2025. This extension will allow both parties sufficient time to complete the necessary due diligence, finalize the terms of the agreement, and ensure compliance with all relevant NASDAQ requirements for reverse mergers.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NIVF:
- NewGenIvf Group engages OSL to execute strategic investment in digital assets
- NewGenIvf Group announces proposed reverse merger with EWIHL
- NewGenIvf Group receives Nasdaq delisting notice, plans to appeal
- NewGenIvf Group enters binding term sheet with White Lion Capital
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.