Closing remains subject to approvals and other conditions
Closing remains subject to shareholder, regulatory, court, financing, and exchange approvals and other conditions.
Transaction is intended to support commercialization and pipeline development
The transaction is positioned to fund commercialization of GH Power’s modular reactor technology and a broader clean energy and critical materials pipeline.
GH Power signs definitive business combination agreement with Matinas BioPharma
GH Power signed a definitive business combination agreement with Matinas BioPharma (MTNB) to take GH Power public on the NYSE American.
Upon closing, GH Power is expected to become a wholly owned subsidiary of a new Ontario parent, GH Power International.
Existing GH Power shareholders are expected to hold about 91% of GH Power International’s equity at closing, subject to adjustments.
MTNB•
