Sow Good amends Uranex, Magnis Tech deal to take 99.97% stakes via share subscription

Sow Good restructured its April 20, 2026 deal for Uranex Tanzania and Magnis Technologies (Tanzania) into a share subscription.

• SOWG Tanzania will subscribe for newly issued shares equal to 99.97% of each target’s issued share capital.
• Sellers will retain 0.03% in each company as bare nominees for the buyer.
• Consideration under the amended share purchase agreement was clarified at AUD 96.41 million.
• The subscription covers 343,331 ordinary shares for TZS 343,331,000, about $129,559.