NLS Pharmaceutics AG announced an update regarding its merger and reorganization agreement with Kadimastem Ltd. The Sixth Amendment to the agreement, dated July 18, 2025, involves NLS Pharmaceutics Ltd., Kadimastem Ltd., and NLS Pharmaceuticals (Israel) Ltd. This amendment revises Section 2.1.3(b) of the original agreement, stipulating that NLS Pharmaceutics Ltd. will deliver a certified statement outlining its estimates of closing indebtedness, cash, and adjusted cash amount, along with the resulting merger consideration to be issued. The update highlights the ongoing collaboration and steps toward finalizing the merger process.
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