March 6 (Reuters) - Aptorum Group Ltd ( APM ):
* APTORUM GROUP LTD ANNOUNCES ENTERING INTO AN AGREEMENT AND
PLAN
OF MERGER WITH YOOV GROUP HOLDING LTD AND A SPLIT-OFF AGREEMENT
TO SEPARATE ITS LEGACY BUSINESS
* APTORUM ( APM ): EXISTING CO SHAREHOLDERS & EXISTING YOOV
SHAREHOLDERS
EXPECT TO OWN ABOUT 10% & 90%, RESPECTIVELY, OF OUTSTANDING
SHARES OF COMBINED CO
* APTORUM GROUP LTD ( APM ): PURSUANT TO SPLIT-OFF AGREEMENT,
APTORUM WILL
ASSIGN AND TRANSFER ASSETS AND LIABILITIES OF ITS LEGACY
BUSINESS TO ATL
* APTORUM GROUP LTD ( APM ): APTORUM WILL ASSIGN AND TRANSFER ASSETS
AND
LIABILITIES OF ITS LEGACY BUSINESS TO ATL
* APTORUM ( APM ): JURCHEN TO ACQUIRE 100% ISSUED, OUTSTANDING
SHARES OF
ATL FROM APTORUM & SURRENDER SOME ORDINARY SHARES OF CO HELD BY
JURCHEN TO APTORUM
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