Aditxt, Inc. (via Adifem, Inc.) to Merge with Evofem Biosciences, Inc.

November 6, 2024

Evofem Biosciences announced it has secured voting agreements from certain Series E-1 stockholders and convertible noteholders to approve its proposed merger with Aditxt’s subsidiary, Adifem, Inc., under an amended and restated merger agreement. The deal would result in Evofem merging into and becoming a wholly owned subsidiary of Aditxt (with the surviving entity described as Evofem). Closing is subject to conditions including stockholder approval and Aditxt raising sufficient capital for approximately $17 million in cash payments (including funding a senior secured noteholder).

Buyers
Aditxt, Inc., Adifem, Inc.
Targets
Evofem Biosciences, Inc.
Location
United States
Transaction Type
Buyout

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