New Age Investments LLC /
DERMAdoctor, LLC
New Age Investments to buy DERMAdoctor from NovaBay Pharmaceuticals
What happened
NovaBay Pharmaceuticals, Inc. agreed to sell 100% of the membership units of DERMAdoctor, LLC to New Age Investments LLC. The filing states a closing purchase price of $1,070,000, subject to adjustments for certain indebtedness and transaction expenses.
The transaction was expected to close on March 25, 2024, or as soon as practicable afterward, subject to conditions. Terms include consent from holders of NovaBay’s secured convertible notes.
The source
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New Age Investments to buy DERMAdoctor from NovaBay Pharmaceuticals
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