BLAB - Bio Lab Naturals to merge with Limitless X in stock deal
Limitless X is going public by signing a share exchange agreement with Bio Lab Naturals (OTCQB:BLAB), a seller and renter of LED screens. Limitless X is a lifestyle agency specializing in digital marketing. The company has three verticals and product and service-oriented businesses within each, focused on the Health & Wellness, Beauty & Skincare, and CBD industry. Under the agreement, BLAB will issue 97M shares to Limitless X shareholders at the close of the transaction. An additional 9M shares will be issued to Limitless X shareholders pro-rata to their interests, which will result in these stockholders owning 90% of BLAB's outstanding shares six months after acquisition. "We are excited about taking our company public through this vehicle and deliver what we believe will be incredible results to our shareholders," said Limitless X CEO Jas Mathur. The combined entity will continue to trade under the symbol BLAB. After the deal closes, an
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Bio Lab Naturals to merge with Limitless X in stock deal