INVO Bioscience Confirms Corporate Name Change and New Trading Symbol in Connection with Its Recent Merger with NAYA Biosciences
Core Viewpoint - INVO Biosciences has merged with NAYA Biosciences and changed its corporate name to NAYA Biosciences Inc., with trading under the new symbol "NAYA" starting on October 22, 2024 [1][2] Group 1: Company Overview - The merger aims to expand the company's portfolio in fertility, oncology, and autoimmune diseases while continuing to operate its revenue-generating fertility business [1] - The new corporate strategy combines profitable revenues from the fertility business with innovative therapeutics, optimizing risk-return for investors [2] Group 2: Operational Strategy - The company will utilize a hub-and-spoke model to share resources and talent, which is expected to accelerate the development of its subsidiaries [2]