Welcome to our dedicated page for Fuse Group news (Ticker: FUST), a resource for investors and traders seeking the latest updates and insights on Fuse Group stock.
Fuse Group Holding Inc (FUST) operates at the intersection of technology, finance, and real estate through strategic investments and partnerships. This news hub provides stakeholders with timely updates on corporate developments that shape the company's growth trajectory.
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Fuse Group Holding Inc. (OTCQB: FUST) announced a letter of intent to acquire E-Mo Biotech Holding Inc. for $100 million, payable in common stock at $1.00 per share. The acquisition will allow Fuse to enter the biotech sector, focusing on vaccine and treatment development, particularly against SARS-CoV-2. E-Mo is currently applying for FDA approval for a phase 4 clinical trial using an existing polio vaccine for COVID-19. This strategic move aims to aid in pandemic control while expanding Fuse's operational landscape within biotechnology.
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