Deal announced Mar 2008 · Jericho, N.Y. Verified
bioMETRX Signs Deal to Acquire Assets and Secure Funding
bioMETRX, Inc. announced an agreement with Biometric Investors, LLC to acquire assets related to Sequiam Biometrics and simultaneously close on a comprehensive financing round. The transaction is expected to provide bioMETRX with expanded engineering and manufacturing capabilities.
“bioMETRX, Inc. (OTC Bulletin Board: BMRX - News) announced today that an agreement has been reached with Biometric Investors, LLC, that paves the way to expand the company’s reach across vertical consumer and OEM markets. Biometric Investors has agreed to convey assets to bioMETRX in connection with a comprehensive financing.”
Entities
Biometric Investors, LLC · Target Crestview Capital Partners · Sponsor Sequiam Biometrics · Mentioned bioMETRX, Inc. · Acquirer
HVACOther Sentiment: Positive
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