MoUJun 5, 2026, 04:06 PM
Polyrizon Extends MOU for 51% Stake Acquisition of Arrow Aviation
AI Summary
Polyrizon Ltd. announced an extension of its non-binding Memorandum of Understanding (MOU) with Arrow Aviation Ltd. The exclusivity period and Initial Negotiation Period under the MOU have been extended to June 30, 2026. This MOU pertains to Polyrizon's proposed acquisition of a 51% stake in Arrow Aviation, with all other terms remaining unchanged.
Key Highlights
- Polyrizon and Arrow Aviation extended the exclusivity and Initial Negotiation Period under their MOU.
- The new deadline for the exclusivity and negotiation period is June 30, 2026.
- The original non-binding MOU was signed on February 4, 2026.
- The MOU relates to Polyrizon's proposed acquisition of a 51% stake in Arrow Aviation.
- All other terms and conditions of the MOU remain in full force and effect.
Price Impact
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