China Kangtai Cactus Biotech terminates funding agreement
China Kangtai Cactus Biotech says it has made an agreement with Seaside 88 to mutually terminate the Common Stock Purchase Agreement, dated November 5, 2009, between the two companies with no further obligations.
With the early termination, the company says it has not incurred any early termination penalties and there are no further obligations outstanding under the Purchase Agreement.
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