Impact BioMedical (IBO) Acquires Celios

Impact BioMedical Inc. (NYSE American: IBO), a pioneering biotechnology company dedicated to discovering, developing, and patenting innovative healthcare solutions, today announced the acquisition of Celios®, a pioneering air purification technology company, in a strategic, all equity transaction valued at approximately $1.15 million. This acquisition aligns with Impact Biomedical’s focused roll-up strategy, expanding its portfolio with cutting-edge solutions that will generate immediate revenue while reinforcing its commitment to human health and wellness.

Celios® brings advanced air purification capability, featuring design, system, and method patents issued in the U.S. and other countries with exclusivity through 2043. It delivers "virtually clean room" air quality through novel U.S. manufactured filter technology, which is highly effective, yet portable with an easy-to-use design.

"The acquisition of Celios® marks a significant milestone in our strategic growth plan," said Frank D. Heuszel, CEO of Impact Biomedical. "By integrating Celios’® proven air purification technology into our portfolio, we are expanding our offerings of innovative health and wellness solutions. This transaction underscores our commitment to executing a disciplined roll-up strategy and accelerating revenue generation while maintaining a current comfortable cash position to drive growth in enterprise value.”

With the acquisition of Celios®, Impact Biomedical takes a substantial step forward in its mission to deliver best-in-class healthcare and wellness solutions. The addition of Celios technology complements Impact Biomedical’s existing suite of innovations, reinforcing its ambition in human health and wellness.

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