Financial advisory services firm GH Capital Inc. and wellness company Vitana-X Inc. on Aug. 21 entered into a share exchange agreement.
Under the terms of the agreement, Vitana-X common shareholders will receive 100% of newly issued GH Capital series B preferred shares in exchange for their Vitana-X common shares. Upon completion of the agreement, Vitana-X will be a wholly owned subsidiary of GH Capital.
Vitana-X President, CEO and director Matthias Goeth will join GH Capital's board together with fellow Vitana-X board directors Bernhard Sammer and Dirk Richter upon closing of the transaction. Current GH Capital directors Wolfang Ruecker, William Bollander, Bane Katic and William Eilers will resign.
