Windtree Therapeutics, Inc. has announced its intention to acquire Titan Environmental Services, Inc. The agreement outlines that Windtree Therapeutics will acquire all outstanding securities of Titan Environmental Services for $35.0 million in Series E Preferred Stock. The transaction, confirmed by a letter of intent signed on June 6, 2025, includes a six-month lock-up period for Titan's stockholders, directors, officers, and employees holding shares. The acquisition aims to consolidate Titan Environmental Services under Windtree's corporate structure, marking a significant expansion in their operations.
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