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Wize Pharma s Takeover Offer for Cosmos Capital Declared Unconditional
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HOD HASHARON, Israel, Feb. 16, 2021 /PRNewswire/ Wize Pharma, Inc. (OTCQB: WIZP), a clinical-stage biopharmaceutical company focused on the treatment of ophthalmic disorders, today announced that it has declared its previously announced off-market takeover offer ( Offer ) for all of the ordinary shares in Cosmos Capital Limited, a leading digital infrastructure provider based in Sydney, Australia ( Cosmos ), free from all of the conditions set out in the Offer and, accordingly, the Offer has become unconditional. A formal notice of the unconditionality of the Offer, as required under section 650F of the Corporations Act 2001 (Australia), is attached as Annexure A below.
Vertua has accepted the takeover offer from Wize Pharma, Inc (OTCMKTS:WIZP) (Wize) to acquire its 400,000 shares in Cosmos, in exchange for 24,444,000 shares in Wize. On 18 February 2021, Wize declared the offer unconditional. Vertua expects to receive its shares in Wize by the end of March 2021.Read Full Article▸
Vertua Limited (NSX:VERA) refers to previous disclosures about its shareholding in Cosmos Capital Limited (Cosmos), a leading Digital Infrastructure and Bitcoin Mining investment.Read Full Article▸
Vertua Limited (NSX:VERA) Investment - Cosmos Capital
Investment - Cosmos CapitalSydney, Jan 8, 2021 AEST (ABN Newswire) - Vertua Limited (
NSX:VERA) refers to previous disclosures about its shareholding in Cosmos Capital Limited (Cosmos), a leading Digital Infrastructure and Bitcoin Mining investment.
Vertua holds 400,000 fully paid ordinary shares in Cosmos representing approximately 5.2% of Cosmos issued capital. Cosmos is an unlisted public company. James Manning is a shareholder and director of Cosmos.
Vertua is pleased to announce that Wize Pharma, Inc (OTCQB: WIZP) (Wize) and Cosmos have announced that they have entered into a bid implementation agreement whereby Wize has agreed to make an off-market takeover offer to acquire all of the outstanding shares of Cosmos. A copy of the announcement dated 31 December 2020 is attached. If a transaction is consummated, the value of Vertua s holding in Cosmos may materially appreciate. There can be no guarantee that a transactio