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Stock Market & Financial Investment News

News Breaks
February 22, 2013
05:55 EDTNVDQ, NVDQNovadaq Technologies management to meet with JPMorgan
Meeting to be held in New York on February 25 hosted by JPMorgan.
News For NVDQ From The Last 14 Days
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April 24, 2014
07:32 EDTNVDQNovadaq to acquire Aimago SA $10M
Novadaq announced that it has entered into a definitive agreement to acquire all outstanding shares of Aimago SA. Under terms of the agreement, Novadaq will pay to Aimago shareholders, an upfront consideration of $10M, which includes $6.5M in cash, plus $3.5M in Novadaq stock. If certain regulatory and commercial milestones are achieved in the future, Novadaq may also pay contingent earn out considerations totaling an additional $2.4M, which may be satisfied in cash or in Novadaq stock at Novadaq's option. Novadaq will acquire all of Aimago's assets on a cash-free/debt-free basis, including tangible assets and intellectual property assets, which include three owned patent families and four patent families licensed from EPFL. Upon closing, Aimago will become a fully owned Novadaq subsidiary. If all closing conditions are satisfied, the transaction is expected to close within 30 days.

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