FOXO to buy Vector Biosource

2 hours ago 1

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FOXO (OTC:FOXO) will acquire Vector Biosource for $500,000 in cash, preferred stock, and warrants worth up to $5.5 million tied to milestones, and will also fund up to $1.2 million for Vector’s growth.
Vector Biosource, an information, data and biospecimen sourcing provider, generated Q2 net revenues of around $225,000 ($0.9 million on an annual run rate basis) and is expected to grow significantly post-acquisition.
Source: Press Release

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