Guardion (GHSI) Stock Rockets On Subsidiary Sale Deal
Guardion Health Sciences, Inc. (NASDAQ: GHSI) shares are experiencing a notable surge today, marking a 50.75% increase to reach $8.05 as of the last check. This upward movement in Guardion’s stock price follows a recent agreement pertaining to the divestiture of its subsidiary. In an official announcement, Guardion (GHSI) disclosed the execution of an equity purchase agreement with Doctor’s Best Inc, a wholly-owned subsidiary of Kingdomway USA Corp. The agreement revolves around the sale of Guardion’s subsidiary, Activ Nutritional, LLC, which holds ownership of the Viactiv brand and business. The agreed-upon transaction involves the sale of the subsidiary for a