Biocure signs definitive share exchange agreement to acquire Glorious Success Ltd

Reuters2026/08/12 18:01

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Biocure entered a definitive share exchange agreement on Aug. 11, 2026 to acquire Hong Kong-based Glorious Success Limited.
Glorious Success owns South Korea MMA promotion and sports media business Black Combat via Idea Paragon.
Consideration set at 12,459,091 post-consolidation shares, with an expected 16.42-for-1 share consolidation before closing.
Deal conditions include a Glorious Success private placement of at least $3.09 million at $2.2 per share.
Closing targeted by Dec. 31, 2026; Biocure plans to rename to Black Combat Universe.

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. Biocure Technology Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608121400TNWSWRCACNPR_____1kEjFqjNW) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Biocure signs definitive share exchange agreement to acquire Glorious Success Ltd

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