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.
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. Titan Environmental Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-014873), on June 12, 2025, and is solely responsible for the information contained therein.