Non-Invasive Monitoring Systems entered into an Agreement and Plan of Merger and Reorganization with Gravitics in a reverse merger that will make Gravitics a wholly owned subsidiary. At closing, Gravitics stockholders will receive at least 95.5% of the combined company, with Non-Invasive Monitoring Systems stockholders owning up to 4.5%. The deal targets a closing by June 30, 2026, includes plans for a reverse stock split, a $40 million underwritten offering, and an exchange uplisting, and is intended to qualify as a tax-free reorganization. Gravitics will be the accounting acquirer, shifting the company’s focus to large space structures.
Agreement details:
- Agreement type: Agreement and Plan of Merger and Reorganization (reverse merger)
- Counterparty: Gravitics
- Signed / Effective: Mar 06 2026
- Reason: Acquire Gravitics and transition to space structures business, enable uplisting and financing
Original SEC Filing:
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