ABL Diagnostics and ProPhase Labs Sign Letter of Intent for Proposed Merger

Reuters15:00

ABL Diagnostics and <a href="https://laohu8.com/S/PRPH">ProPhase Labs</a> Sign Letter of Intent for Proposed Merger

ABL Diagnostics has informed the market that Advanced Biological Laboratories S.A. (ABL S.A.), its controlling shareholder, and ProPhase Labs, Inc. have signed a non-binding letter of intent for a proposed reverse merger. If completed, ABL S.A. would become the majority owner of the combined company. The proposal is currently at a preliminary stage and is subject to due diligence, negotiation of definitive agreements, regulatory approvals, and other customary conditions. Both parties are targeting a 60-90 day period to finalize agreements. If no agreement is reached, both companies will continue to operate independently.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ABL Diagnostics SA published the original content used to generate this news brief via Business Wire (Ref. ID: 20251218984795) on December 19, 2025, and is solely responsible for the information contained therein.

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