Scientific Industries, Inc. announced its entry into an agreement to sell substantially all the assets of the Company’s subsidiary, Altamira Instruments, Inc. which has operated and housed the Company’s catalyst research instruments operations in Pittsburgh, PA since its acquisition in November, 2006, to Beijing JWGB Sci. & Tech. Co., Ltd for aggregate consideration of $440,000 in cash and promissory notes.
December 1, 2020
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