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Stock impact report

SANUWAVE Announces Termination of Merger Agreement With SEP Acquisition Corp. [Yahoo! Finance]

SANUWAVE Health, Inc. (SNWV) 
Company Research Source: Yahoo! Finance
EDEN PRAIRIE, MN - ( NewMediaWire ) - June 26, 2024 - SANUWAVE Health, Inc. (the "Company" or "Sanuwave") (OTCQB: SNWV), a leading provider of next-generation FDA-approved wound care products, is providing an update on its proposed merger with SEP Acquisition Corp. ("SEPA") and other corporate activities. On Tuesday, June 25, 2024, the Company delivered a notice to SEPA terminating the merger agreement. "Based upon our assessment of the likelihood of being able to secure a national securities exchange listing for the combined company and of the relative attractiveness of continuing to pursue this merger transaction as opposed to other options to grow SANUWAVE's business and seek an uplisting, our board of directors has unanimously determined that terminating the merger agreement with SEPA and seeking another path forward was in the best interests of the Company and its stockholders," said CEO Morgan Frank. "SANUWAVE has come a long way in the last year and now sees a number of op Show less Read more
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