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Sow Good amends Uranex, Magnis Tech deal to take 99.97% stakes via share subscription

PUBT·08/27/2026 21:03:38
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Sow Good amends Uranex, Magnis Tech deal to take 99.97% stakes via share subscription
  • Sow Good restructured its April 20, 2026 deal for Uranex Tanzania and Magnis Technologies (Tanzania) into a share subscription.
  • SOWG Tanzania will subscribe for newly issued shares equal to 99.97% of each target’s issued share capital.
  • Sellers will retain 0.03% in each company as bare nominees for the buyer.
  • Consideration under the amended share purchase agreement was clarified at AUD 96.41 million.
  • The subscription covers 343,331 ordinary shares for TZS 343,331,000, about $129,559.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sow Good Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-009427), on August 27, 2026, and is solely responsible for the information contained therein.