"On February 13th this year (2024), Cyclomics announced that it had entered in a binding LOI with Renovaro/GEDiCube regarding the acquisition of Cyclomics by GEDiCube/Renovaro. Herewith, Cyclomics would like to state that discussions with Renovaro/GEDiCube have stopped earlier this year and that an acquisition will not take place. Cyclomics remains operating as a fully independent company and there is no change in shareholders nor control of the company."
"GEDi Cube Intl Ltd...and a wholly owned subsidiary of Renovaro Inc...announces it has executed a binding Letter of Intent (LOI) to acquire 75% of Cyclomics...Under the terms of the LOI, the parties have agreed to work in good faith on the drafting of a definitive agreement...Upon closing, the combined companies will aim to accelerate entry into the cancer monitoring market and gain access to integrating whole genome data into GEDiCube’s AI/Machine Learning platform."