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Aditxt | 8-K: Current report

SEC ·  Oct 31 04:19

Summary by Futu AI

On October 28, 2024, Aditxt, Inc., a Delaware-based biotech company, entered into a significant agreement with Evofem Biosciences, Inc., purchasing 2,280 shares of Evofem Series F-1 Convertible Preferred Stock for $2,280,000. This transaction was accompanied by a Registration Rights Agreement, ensuring Evofem would file a registration statement for the resale of common stock issuable upon conversion of the preferred stock. The event also featured a fireside chat with Aditxt's CEO, Amro Albanna, and Evofem's CEO, Saundra Pelletier, moderated by Dr. Drew Pinsky. The discussion highlighted Aditxt's commitment to women's health, showcasing products like Phexxi®, a hormone-free contraceptive, and SOLOSEC®, a treatment for bacterial vaginosis and trichomoniasis. The conversation also touched on the potential for early detection of conditions like endometriosis through Aditxt's subsidiary, Pearsanta. The acquisition of Evofem by Aditxt is still in progress, pending the satisfaction of closing conditions, including the resolution of a senior loan.
On October 28, 2024, Aditxt, Inc., a Delaware-based biotech company, entered into a significant agreement with Evofem Biosciences, Inc., purchasing 2,280 shares of Evofem Series F-1 Convertible Preferred Stock for $2,280,000. This transaction was accompanied by a Registration Rights Agreement, ensuring Evofem would file a registration statement for the resale of common stock issuable upon conversion of the preferred stock. The event also featured a fireside chat with Aditxt's CEO, Amro Albanna, and Evofem's CEO, Saundra Pelletier, moderated by Dr. Drew Pinsky. The discussion highlighted Aditxt's commitment to women's health, showcasing products like Phexxi®, a hormone-free contraceptive, and SOLOSEC®, a treatment for bacterial vaginosis and trichomoniasis. The conversation also touched on the potential for early detection of conditions like endometriosis through Aditxt's subsidiary, Pearsanta. The acquisition of Evofem by Aditxt is still in progress, pending the satisfaction of closing conditions, including the resolution of a senior loan.

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