Amendment: Predictive Oncology Inc. filed SEC Form 8-K: Regulation FD Disclosure, Other Events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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EXPLANATORY NOTE
Item 8.01 | Other Events. |
The Company is filing this Current Report on Form 8-K to confirm that it has decided to discontinue discussions with RENB regarding the previously reported proposed merger between the two companies. Contrary to misrepresentations by RENB, including in an April 4, 2025 press release referring to a “binding agreement merger agreement [sic]” with POAI, POAI has not entered into a merger agreement with RENB. As previously disclosed, on January 1, 2025, POAI entered into a letter of intent with RENB concerning the proposed merger transaction, which was subsequently modified on February 28, 2025 pursuant to an extension agreement. The extension agreement, among other items, extended the term of the letter of intent through March 31, 2025. The letter of intent terminated on March 31, 2025, pursuant to its terms. POAI has no further obligations to RENB under the letter of intent.
POAI remains committed to its core business and is excited to work even more diligently towards making further advancements in AI-driven drug discovery and drug development.
Forward-Looking Statements
Certain statements made in this Current Report are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward- looking statements reflect POAI’s current expectations and projections about future events and are subject to substantial risks, uncertainties and assumptions about POAI’s operations and the investments POAI make. All statements, other than statements of historical facts, included in this Current Report regarding our strategy, future operations, future financial position, future revenue and financial performance, projected costs, prospects, changes in management, plans and objectives of management are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “would,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. POAI’s actual future performance may materially differ from that contemplated by the forward-looking statements as a result of a variety of factors including, among other things, factors discussed under the heading “Risk Factors” in POAI’s filings with the SEC. Except as expressly required by law, POAI disclaims any intent or obligation to update these forward-looking statements. POAI does not give any assurance that POAI will achieve its expectations described in this Current Report.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Predictive Oncology Inc. | ||
Date: April 18, 2025 | By: | /s/ Raymond F. Vennare |
Raymond F. Vennare | ||
Chief Executive Officer |