Nutranomics, Inc. (OTCPK:NNRX) entered into a binding letter of intent to acquire assets of DHS Development Inc. from DHS Development Inc. on January 20, 2022. NutraNomics is committing up to $1 million of leveraged interim capital for manufacturing assets necessary to serve immediate customer product demand. On March 29, 2022, the parties entered into a definitive agreement for the transaction.

The transaction is expected to close in the coming days.