Ramoplanin

TRON Group, Inc. and Nanopharmaceutics, Inc. Announce Definitive Merger Agreement

Retrieved on: 
Thursday, August 11, 2022

Following consummation of the Merger, TRON will change its name to Nanopharmaceutics, Inc. and will continue to trade on the OTC Pink market.

Key Points: 
  • Following consummation of the Merger, TRON will change its name to Nanopharmaceutics, Inc. and will continue to trade on the OTC Pink market.
  • The merger was unanimously approved by both Boards of Directors of TRON and Nano.
  • Immediately prior to the Merger Agreement, TRON entered into an agreement to terminate its common control relationship with Impression VFX Inc., including the extinguishment of a convertible note in exchange for the return of certain assets, and the termination of a service agreement.
  • This communication is being made in respect of the merger involving TRON Group, Inc. and Nanopharmaceutics, Inc. TRON Group will file a material event notice with the OTC Pink Market.