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Agreement signedPublished 12 Apr 2023

Greenwood Brands, LLC /
PLx Pharma Inc.

Greenwood Brands backs asset purchase agreement for PLx Pharma Inc.

Terms
Not stated
Stage
Agreement signed
Buy side: Greenwood Brands, LLC
Buy sideGreenwood Brands, LLC
Target: PLx Pharma Inc.
TargetPLx Pharma Inc.
Source · 12 Apr 2023
See the source
Buy side: Greenwood Brands, LLC
Buy sideGreenwood Brands, LLC
Target: PLx Pharma Inc.
TargetPLx Pharma Inc.
01 / BuyerGreenwood Brands, LLC
02 / TargetPLx Pharma Inc.
01

What happened

Greenwood Brands, LLC’s subsidiary PLx Acquisition Company, LLC entered into an agreement to acquire substantially all of the assets of PLx Pharma Inc. and PLx Opco Inc. The proposed sale is subject to a Bankruptcy Court-supervised process and competing bids.

Consideration includes a $3,000,000 partial credit bid, potential assumption of certain liabilities and $100,000 in cash.

02

The source

Everything on this page comes from the source below.

01
Source · Original source

Greenwood Brands backs asset purchase agreement for PLx Pharma Inc.

This document is the source for the companies, stage and people on this page.

Original filingUnlock with Pro
03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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