Awakn Life Sciences Enters into Binding Letter of Intent for Acquisition of Awakn by Graft Polymer (UK) Plc
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Awakn Life Sciences Corp. has entered into a binding letter of intent for its acquisition by Graft Polymer (UK) PLC. The acquisition will involve all common shares, restricted share units, and deferred share units of Awakn, to be executed through a statutory plan of arrangement in British Columbia.
December 16, 2024 | 1:45 pm
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Awakn Life Sciences Corp. is set to be acquired by Graft Polymer (UK) PLC, which could lead to a change in company direction and potential value realization for shareholders.
The acquisition of Awakn by Graft Polymer is a significant event for AWKNF shareholders as it involves the purchase of all shares and units. This could lead to a potential increase in share value due to the acquisition premium typically associated with such transactions.
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