Galexxy Holdings Inc. to Acquire Wellbeing Farms LLC.
Newport Beach, Calif. — Galexxy Holdings Inc., (“Galexxy” or “GXXY”) and Wellbeing Farms LLC., (“WBF”) have signed a Memorandum of Understanding to complete a 100% acquisition of Wellbeing Farms LLC., during August 2022. Galexxy Holdings Inc., is a publicly traded company quoted on the OTC Markets (OTC: GXXY). Following the execution of a formal acquisition agreement, Galexxy will issue Thirty million (30,000,000) shares of its restricted common stock from its Treasury representing approximately 16.5% of its then issued and outstanding stock. As a result of its recent reorganization, Galexxy (formerly Agtech) is consolidating a number of cutting-edge technologies and IP business assets to build a Techno-Health business focused on upward trending product markets for conditions such as mental and holistic health, anxiety and sleep, inflammation, pain and heart health, in order to increase its focus on the whole wellness industry. Wellbeing Farms LLC., is a privately owned company spe...