Letter of IntentHealthtech Solutions, Inc./Ut • November 4th, 2021 • Surgical & medical instruments & apparatus • Delaware
This letter of intent (this "LOI") sets out the understanding among the parties hereto of the principal terms on which HEALTHTECH SOLUTIONS, INC., a Utah corporation ("HLTT"), HEALTHTECH ONCOLOGY, INC., a Delaware corporation ("HoldCo"), and the individuals who were formerly shareholders of HoldCo (the "Shareholders") shall agree to (a) the exchange of 29,737.184 shares of Series C Preferred Stock of HLTT for 29,737,184 shares of common stock of VARIAN BIOPHARMACEUTICALS INC., a Delaware corporation (“Varian”) and (b) the termination of the Agreement and Plan of Merger and Reorganization dated March 30, 2021 among the parties hereto and thereto (the “Termination Agreement” and collectively, the "Transaction").
