PixarBio sells subsidiary Buddhi mat LLC to Henry Sargent

|About: PixarBio Corporation (PXRB)|By:, SA News Editor

PixarBio (OTC:PXRB) has entered into an agreement with Henry Sargent to sell all of the membership interests in its subsidiary Buddhi Mat LLC.

Henry Sargent agreed to assume all of the debts of Buddhi Mat LLC as of Friday, December 30, 2016 and indemnify PixarBio with obligations of Buddhi Mat LLC as of the closing.

PXRB closed -0.96% at $4.14.

Source: Press Release

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