BetterLife Closes Acquisition of Second Generation Psychedelic Assets of Transcend Biodynamics LLC
By Dr. Matthew Watson
VANCOUVER, Dec. 20, 2020 (GLOBE NEWSWIRE) -- BetterLife Pharma Inc. (“BetterLife” or the “Company”) (CSE: BETR / OTCQB: BETRF / FRA: NPAU) is pleased to announce that further to its press release of December 8, 2020, the Company has completed its acquisition to acquire 100% of the assets in Transcend Biodynamics LLC (“Transcend”) in an all-stock transaction, for a total of 13,333,333 common shares at $0.75 per share, with the transaction valued at $10 million.
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BetterLife Closes Acquisition of Second Generation Psychedelic Assets of Transcend Biodynamics LLC
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