NIMS merger reworked, cutting existing shareholders to 3.5%

What's the deal? Non-Invasive Monitoring SystemsDealroom has a profile for this one. Try Dealroom → has amended its proposed merger with Gravitics, revising the ownership split of the combined company. Gravitics shareholders are expected to hold 96.5% of the combined firm, leaving current NIMS shareholders with 3.5%.

The transaction remains a proposed all-stock merger rather than a completed acquisition. The amendment also extends the outside termination date and updates other closing terms.

Read more: MiniChart