Mergers & Acquisitions ·
Non-Invasive Monitoring Systems, Inc. entered into a second amendment to its Agreement and Plan of Merger with…
NIMUNon Invasive Monitoring Systems Inc
Non-Invasive Monitoring Systems, Inc. entered into a second amendment to its Agreement and Plan of Merger with Gravitics, Inc., modifying the post-merger ownership structure. Following the merger, Gravitics stockholders will own approximately 96.5% of the combined company, while Non-Invasive Monitoring Systems' stockholders will retain approximately 3.5%. This transaction represents a significant change in control and equity distribution for the company, which operates in the medical technology industry developing non-invasive diagnostic systems.