AcquisitionsJun 25, 2026, 04:57 PM
INVO Fertility Acquires JV Partner HRCFG for $175,001
AI Summary
INVO Fertility's wholly owned subsidiary, INVO Centers, completed the acquisition of 100% of HRCFG, its joint venture partner in the Alabama JV fertility clinic, for a total purchase price of $175,001. This acquisition allows INVO Fertility to consolidate the Alabama JV's accounts into its financial statements. Additionally, the company announced that it has resolved its non-compliance with Nasdaq's Timely Filing Rule by submitting its Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
Key Highlights
- INVO Centers acquired 100% of HRCFG, its joint venture partner.
- Total purchase price for HRCFG was $175,001.
- $1.00 was paid in cash on the closing date.
- $48,000 will be paid in equal monthly installments over nine months starting October 2026.
- $127,000 will be paid from HRCFG’s free cash flow.
- Sellers will provide transition services for four months and support for twelve months.
- INVO Fertility will now include the Alabama JV accounts in its consolidated financials.
- Company resolved Nasdaq non-compliance for timely filing of 10-K and 10-Q.
Price Impact
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