Carmell Announces Closing of Elevai Skincare Acquisition
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Carmell Corporation has completed the acquisition of Elevai Skincare, enhancing its bio-aesthetics portfolio with Elevai's exosome skin and hair care products. The deal involved Carmell issuing common stock and assuming certain liabilities.
January 16, 2025 | 1:15 pm
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Carmell Corporation has closed its acquisition of Elevai Skincare, which could enhance its product offerings in the bio-aesthetics market. The acquisition involved issuing common stock and assuming liabilities.
The acquisition of Elevai Skincare by Carmell Corporation is likely to positively impact CTCX's stock price in the short term. This strategic move expands Carmell's product offerings in the growing bio-aesthetics market, which could lead to increased revenue opportunities. The transaction involved issuing common stock and assuming liabilities, indicating a commitment to growth and expansion.
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