Biocure signs definitive share exchange agreement to acquire Glorious Success Ltd
Reuters2026/08/12 18:01- 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: 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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