Polyrizon signs MOU to buy up to 20% of Colugo for up to USD 6 million

Reuters

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Polyrizon signs MOU to buy up to 20% of Colugo for up to USD 6 million

Polyrizon signed a non-binding MOU with shareholders of Colugo to acquire up to a 20% stake in the company.
The aggregate purchase price is up to USD 6.0 million, payable in cash or via issuance of Polyrizon shares.
Two Colugo shareholders would sell approximately 20% of Colugo’s fully diluted share capital to Polyrizon.
The transaction is expected to close within 7 days after conditions are met, including a definitive agreement and corporate approvals.
The MOU terminates upon written notice by either party or on September 30, 2026 if the transaction has not closed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polyrizon Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603240847PRIMZONEFULLFEED9677522) on March 24, 2026, and is solely responsible for the information contained therein.

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