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Advanced Biomed to Buy Acellent Technologies for $1.08M
Announced
Financial ServicesNevadaAdd-on
Deal Overview
Advanced Biomed Inc., a Nevada company, entered a share purchase agreement to acquire Acellent Technologies (Hong Kong) Co. Limited. The seller will transfer 10,000 ordinary shares of the target, representing 100% of the equity interest.
The purchase price is $1,080,000, paid through 270,000 shares of Advanced Biomed common stock valued at $4.00 per share. The closing will occur on a mutually agreed date after due diligence is completed and required regulatory approvals are obtained.
Acellent Technologies (Hong Kong) is described as providing AI-powered financial verification and audit solutions.
Key Details
- Transaction
- Advanced Biomed acquires Acellent Technologies (Hong Kong)
- Deal Size
- Under $10M
- Reported Value
- $1,080,000
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