Eden Innovations (ASX:EDE) said JB2 Partners, the purchaser of a 65.58-acre industrial property in Georgia from Eden Real Estate, for $5 million, exercised its eleventh option to extend the inspection period under the contract for an additional 30 days to Nov. 13 from Tuesday, Oct. 14, according to a Monday Australian bourse filing.
JB2 Partners is set to deliver to the Chicago Title Insurance Company and the National Commercial Services an extension fee of $50,000, the filing said.
Shares of the company fell 2% in recent Monday trade.