Northwire Canada EditionSaturday, August 1, 2026
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M&A / Property

RAMM Pharma Corp. Receives Minority Shareholder Approval for Proposed Investment Transaction with The Global South S.A.S.

RAMM · Price

Executive Summary

  • RAMR Pharma’s minority shareholders approved a proposed $5 million equity investment in The Global South S.A.S., giving RAMR an initial 10% stake.
  • The deal includes a five‑year call option for RAMR to acquire up to an additional 15% (total 25%) at a future post‑money valuation of US$400 million.
  • Completion is contingent on financing, definitive agreements, customary closing conditions and regulatory approvals; the company currently lacks funds to close the transaction.

Key Details

  • Transaction Structure:
  • Initial cash investment: US$5 million for a 10% equity interest in The Global South S.A.S. (post‑investment valuation US$50 million).
  • Call option: Right to purchase up to an additional 15% equity (bringing total ownership to 25%) at a future post‑money valuation of US$400 million.

  • Option Terms:

  • Term length: 5 years starting upon successful completion of the initial $5 M investment.
  • Exercise price tied to the specified future valuation; no amount disclosed for the option exercise.

  • Shareholder Approval:

  • Approved at a Special Meeting of Shareholders on November 12, 2025 by RAMR’s minority shareholders.

  • Financing Status:

  • Company does not currently have sufficient funds to complete the $5 M investment and is evaluating financing alternatives.

  • Closing Conditions:

  • Execution of definitive documentation, customary closing conditions, and receipt of all required regulatory approvals.

  • Forward‑Looking Statements:

  • The release contains extensive forward‑looking language regarding the transaction, potential growth, and associated risks.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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