
DealsNov 6, 2026, 06:09 AM
Onconetix, Inc. Amends Share Exchange Agreement with Realbotix
AI Summary
Onconetix, Inc. has entered into a First Amendment to its Share Exchange Agreement with Realbotix Corp., Simulacra Corporation, and Realbotix, LLC. Key changes include a revised ownership structure if Net Cash falls below $12.5 million, where the Seller would own 95% of Onconetix's fully diluted shares. The definition of Net Cash has been expanded to include outstanding balances on a specific Grid Promissory Note. Additionally, the closing deadline (End Date) for the transaction has been extended to March 31, 2027.
Key Highlights
- Onconetix, Inc. and Realbotix Corp. amended their Share Exchange Agreement.
- If Net Cash is below $12.5M and parties proceed, Seller will own 95% of Onconetix's Fully Diluted Shares.
- Definition of Net Cash now includes unpaid principal and interest on a Grid Promissory Note.
- The End Date for the share exchange has been extended to March 31, 2027.
Price Impact
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