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Titan Medical Prepares for Reverse Takeover by Conavi

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Titan Medical Prepares for Reverse Takeover by Conavi

Titan Medical (TSE:TMD) has released an update.

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Titan Medical Inc. has announced the filing of its management information circular, detailing an upcoming reverse takeover by Conavi Medical Inc. in an all-stock transaction. Shareholders are advised by Titan’s board to vote in favor of this transaction, which promises substantial benefits, including investment in a company with new technology and a strong market presence, as well as a seasoned leadership team post-merger.

For further insights into TSE:TMD stock, check out TipRanks’ Stock Analysis page.

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