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The latest update is out from Spiritus Mundi PLC ( (GB:SPMU) ).
Spiritus Mundi PLC has amended its acquisition terms to directly acquire Restalyst Pte. Ltd. and Reste Laboratories Pte. Ltd., bypassing a previously planned corporate reorganization. The company is raising additional funds to complete this acquisition and publish its 2024 Annual Report. If the acquisition fails, trading of the company’s shares, currently suspended, is expected to resume. The acquisition is considered a Material Related Party Transaction due to Zaccheus Peh’s involvement, who is a director and significant shareholder in the target companies.
More about Spiritus Mundi PLC
Spiritus Mundi PLC is a Special Purpose Acquisition Company (SPAC) focused on acquiring targets in the clinical diagnostics sector across Europe and Asia.
Technical Sentiment Signal: Buy
For an in-depth examination of SPMU stock, go to TipRanks’ Stock Analysis page.