08:42 AM EDT, 05/29/2024 (MT Newswires) -- Titan Medical ( TMDIF ) on Wednesday said it amended the amalgamation agreement between Conavi Medical, 1000824255 Ontario Inc. (a Titan subsidiary) and Titan, for the merger of Conavi and Titan. The Toronto Stock Exchange has also granted Titan an extension to hold its Annual General and Special Meeting of Shareholders.

The amending agreement extends the outside date to complete the transaction to August 30, 2024. It also extends the date when the concurrent financing must be committed and Conavi financial statements must be completed to June 21.

Titan has also extended its AGM to a date on or before July 31. The extension will allow Titan and Conavi to finalize matters related to the transaction (which will require the approval of Titan's shareholders).