Renovaro Inc. Secures Expedited Trial for 2025 Lawsuit Against Predictive Oncology Over Alleged Merger Agreement Breach

Reuters
05-22
Renovaro Inc. Secures Expedited Trial for 2025 Lawsuit Against <a href="https://laohu8.com/S/POAI">Predictive Oncology</a> Over Alleged Merger Agreement Breach

Renovaro Inc., a leader in TechBio specializing in diagnostics, drug discovery, and cancer therapies, has announced an expedited trial date in its lawsuit against Predictive Oncology Inc. The litigation, filed on May 9, 2025, in the Delaware Court of Chancery, seeks to enforce a binding merger agreement initially executed on January 1, 2025. Renovaro alleges that Predictive Oncology breached provisions of the agreement by conducting a public offering of $545,000 in securities and attempting to terminate the agreement unilaterally without meaningful negotiations. Renovaro is pursuing specific performance, injunctive relief, and damages, with the case currently pending under Case No. 2025-0509.

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. Renovaro Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9456638-en) on May 22, 2025, and is solely responsible for the information contained therein.

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