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Curaxis Pharmaceutical, Auto Search Cars Complete Reverse Merger
Posted July 30, 2010
11:34AM PST
After completing a reverse merger with Auto Search Cars Inc., Curaxis Pharmaceutical Corp. will change the name of the company and concentrate on its development of a drug for treatment of Alzheimer's disease.
Auto Search issued 64.2 million shares and exchanged them for all of the outstanding shares of Curaxis. The swap effectively leaves 91% of Auto Search in the hands of Curaxis investors.
Southridge Business Solutions Group assisted with the closing of the merger, according to a statement.
Source: Press Release
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