Mergers & Acquisitions ·
Extends Gravitics merger closing date to Nov 30 and amends debt maturities
NIMUNon Invasive Monitoring Systems Inc
Non-Invasive Monitoring Systems extends the outside closing and termination dates for its merger with Gravitics from October 30, 2026, to November 30, 2026. The company also extended the maturity of four affiliate promissory notes totaling $300,000 held by Dr. Jane Hsiao and Frost Gamma Investments Trust to November 30, 2026. Additionally, Amendment No. 2 to a $809,705.75 convertible note with Defender Opportunity LLC extends the automatic conversion date to November 30, 2026 in exchange for a $25,000 fee. The company develops non-invasive medical monitoring technologies.