Vaxil Bio Announces Potential Reverse Takeover
Company Announcements

Vaxil Bio Announces Potential Reverse Takeover

Vaxil Bio (TSE:VXL) has released an update.

Vaxil Bio Ltd., a publicly traded company, has announced a non-binding letter of intent to pursue a reverse takeover with Green Data Center Real Estate Inc., which specializes in sustainable digital infrastructure. The proposed arm’s length transaction, pending regulatory and shareholder approvals, also includes a plan for Vaxil to divest its non-cash assets before the deal’s closure. Share trading of Vaxil has been halted in anticipation of the transaction’s completion and requisite approvals.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskVaxil Bio Announces Strategic Acquisition of Green Data Centers
TipRanks Canadian Auto-Generated NewsdeskVaxil Bio Advances Cancer Research Post-Takeover Termination
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App