RE:Australian Hardenbrook Acquisition 5+ Months Pending...BLR=$1.17MCAD. Hardenbrook $4.6MAUD. GLTA!
Blackhawk Growth
Mkt cap 1.17M
Blackhawk Growth Corp. entered into a share purchase agreement to acquire Hardenbrook Group Pty Ltd for AUD 4.6 million.
May 28, 2023
https://www.marketscreener.com/quote/stock/BLACKHAWK-GROWTH-CORP-154280462/news/Blackhawk-Growth-Corp-entered-into-a-share-purchase-agreement-to-acquire-Hardenbrook-Group-Pty-Ltd-43985499/
https://www.thenewswire.com/press-releases/1AMqFbJYP-blackhawk-growth-announces-the-acquisition-of-hardenbrook-and-board-changes.html
Hardenbrook has cash and cash equivalents of $800,000 plus 4 portfolio subsidiaries in sectors of Heathcare AI, BioPharma, and AgriTech. Hardenbrook also owns 1,340,000 shares in MindBio Therapeutics Corp (CSE: MBIO) and is excited by the prospects of the two Phase 2 clinical trials and is looking forward to the additional seven Phase 1 results due this year. It will continue to hold MindBio shares. Hardenbrook’s balance sheet will help recapitalize Blackhawk’s balance sheet and provide a pathway for growth. Hardenbrook is also progressing all 4 of its portfolio companies simultaneously towards a spin out and listing. More information on Hardenbrook and its portfolio can be seen here https://www.hardenbrook.group.