Streetbeat News

PBIO

Pressure Biosciences Inc.

Employees

Industry

Testing Laboratories

Open

0.01

Mkt cap

206K

Volume

High

0.01

P/E Ratio

N/A

52-wk high

0.54

Low

0.01

Div yield

N/A

52-wk low

0.00

Pressure BioSciences, Inc. (OTC:PBIO) has entered into a definitive agreement to acquire Uncle Bud's, a leader in natural health and wellness products. The merger leverages PBIO's UltraShear technology to enhance product bioavailability and speed of action. Grammy Award-winning artist Toni Braxton, an advocate of Uncle Bud's, expressed excitement for the acquisition. The merger is expected to be accretive to PBIO's financials and may accelerate its uplisting to major stock exchanges. The transaction is set to close by January 19, 2024, with Uncle Bud's stockholders receiving convertible preferred stock of PBIO.

Portfolio Pulse from Javier Hasse

January 15, 2024 | 6:16 pm

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