cbdMD to buy Twinlab assets via assignment for creditors
cbdMD said it entered an Asset Purchase Agreement to acquire select Twinlab assets and certain subsidiaries. The deal includes assuming about $1.75 million of secured debt and issuing 2,229,805 shares targeting 19.9% of outstanding.
cbdMD entered into an Asset Purchase Agreement to acquire select assets of Twinlab and certain subsidiaries through an assignment for the benefit of creditors process.
Consideration includes assuming approximately $1.75 million of secured debt, issuing 2,229,805 shares (targeting 19.9% of outstandi…