Novo Integrated Sciences receives court approval for Ophir Collection agreement

Novo Integrated Sciences announced the United States District Court for the Central District of California has approved the Purchase and Sale Agreement which provides for the Company to acquire a certain collection of 43 gemstones, 42 of which are certified by the Gemological Institute of America, known as the “Ophir Collection,” for $60,000,000. The PSA was entered into on November 21, 2023, between the Company and Blake Alsbrook, solely in Seller’s capacity as Court-appointed Successor Receiver in Ocean Thermal Energy Corporation v. C. Robert Coe II, et al., United States District Court for the Central District of California, Case No. 2:19-cv-04299 VAP. The PSA was previously disclosed by the Company in a Form 8-K filing, dated November 27, 2023.