M&A - Coeptis Therapeutics Holdings, Inc.
Form Type: 8-K
Filing Date: 2025-04-28
Corporate Action: Merger
Type: New
Accession Number: 000168316825002856
Filing Summary: On April 25, 2025, Coeptis Therapeutics Holdings, Inc. entered into a Merger Agreement with CP Merger Sub Inc. and Z Squared, Inc. The Merger involves the merger of Merger Sub with Z Squared, with Z Squared becoming a wholly-owned subsidiary of Coeptis. Prior to the Merger, Coeptis will spin out its biopharmaceutical operations. The Merger will convert all shares of Z Squared common stock into Merger Consideration, and requires shareholder approvals from both Coeptis and Z Squared. Coeptis will change its name post-Merger. The agreement includes various representations, warranties, and covenants from both parties, conditions to Closing, and termination rights, including a breakup fee. The parties will also enact Voting Agreements among shareholders to endorse the Merger and Transactions. The filing includes exhibits detailing the Merger Agreement and Voting Agreements.
Additional details:
Merger Agreement Date: 2025-04-25
Spin Out Details: Coeptis will spin out its biopharmaceutical operations prior to the Merger.
Shareholder Approvals Required: Approval from both Coeptis' and Z Squared's shareholders is required.
Termination Fees: $5 million breakup fee if Coeptis terminates due to a Company Trigger Event.
Name Change Post Merger: Coeptis will change its name as mutually agreed upon by the parties.
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