$IVST The StemVax and Innovest teams are working diligently to finalize the StemVax transaction, and the division launch. The agreement features a share exchange, a 5-figure investment at closing by Innovest, and Innovest providing certain business services to StemVax Therapeutics, in exchange for 20% ownership in StemVax LLC (its holding company). The Letter of Intent will be finalized as a completed transaction, upon StemVax completing certain items that are currently being executed. The transaction is expected to close in spring, 2018.

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