Nu-Med Plus Inc.

10/30/2024 | Press release | Distributed by Public on 10/30/2024 14:08

Management Change/Compensation Form 8 K

ITEM 2.01 - COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

On April 28, 2024 Nu-Med Plus, Inc. ("Nu-Med") filed a Form 8-K regarding a Share Exchange Agreement entered into with YourSpace America, Inc. ("YourSpace") under which Nu-Med would receive all of the outstanding stock of YourSpace and YourSpace would receive stock in Nu-Med.

The Share Exchange Agreement finalization was contingent upon YourSpace providing to Nu-Med audited financial statements for the years ended December 31, 2021, 2022 and 2023. YourSpace provided the audited financial statements for 2021 and 2022, but has not provided audited financial statements for 2023. It was therefore not possible to issue to YourSpace or its principals stock in Nu-Med Plus until such time as the audited financial statements were provided.

On October 28, 2024, Nu-Med received notice from YourSpace that they were terminating the acquisition agreement.