Deal Snapshot
VYSTAR ACQUIRES UV FILE TECHNOLOGIES ASSETS FOR USD 975,000
Wednesday 16 May 2018

Massachusetts, US-based Vystar Corp. (OTC: VYST), creator of products made with Vytex, has acquired substantially all of the assets of Canada-based air purification products provider UV Flu Technologies, Inc. (UVFT), the company said.
Vystar acquired all UV Flu intellectual property and multiple patents, product lines, tooling, FDA clearances, research data, websites and other assets related to the business for the purchase price of USD 975,000 or 27.918m shares of Vystar restricted common stock, which may not be assigned or sold by UV Flu for 12 months.


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Details
Date Published: 16/05/2018
Target: UV Flu Technologies
Country: Canada
Deal Size: .975m (USD)
Sector: Healthcare
Type: Corporate acquisition
Financing: Stock
Status: Closed
Vendor:
Buyer: Vystar Corp
Comment:


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