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Alliqua (ALQA) to Acquire Soluble Systems

October 5, 2016 4:24 PM EDT

Alliqua BioMedical, Inc. (Nasdaq: ALQA) today announced that the Company has signed a definitive agreement to acquire the business of Soluble Systems, LLC (Soluble) through a series of transactions. As part of the transactions, Soluble will contribute and transfer substantially all of its assets into a newly formed subsidiary of Alliqua (New Alliqua) and Alliqua will complete a holding company reorganization resulting in New Alliqua becoming the new public parent of Alliqua. New Alliqua will remain publicly traded and change its name to Alliqua BioMedical, Inc.

Under the terms of the agreement, Soluble... More

Alliqua (ALQA) trading halted with news pending

October 5, 2016 4:02 PM EDT

Alliqua (NASDAQ: ALQA) trading halted with news pending.

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