NOVABAY PHARMACEUTICALS, INC. UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATIONMembership Unit Purchase Agreement • November 2nd, 2021 • NovaBay Pharmaceuticals, Inc. • Pharmaceutical preparations
On September 27, 2021, NovaBay Pharmaceuticals, Inc., a Delaware corporation (the “Company”, “NovaBay”, “we”, “our” or “us”), entered into a Membership Unit Purchase Agreement (the “Acquisition Purchase Agreement”) by and among (i) the Company, (ii) DERMAdoctor, LLC, a Missouri limited liability company (“DERMAdoctor”), (iii) Dr. Jeffrey Kunin and Dr. Audrey Kunin, individuals residing in the State of Kansas (the “Founders”); (iv) Papillon Partners, Inc., a Missouri corporation that is owned by the Founders (“Papillon”); and (v) Midwest Growth Partners, L.L.L.P., an Iowa limited liability limited partnership (“MGP” and together with Papillon, the “Sellers”). Pursuant to the Acquisition Purchase Agreement, the Company will acquire 100% of the membership units of DERMAdoctor (the “Acquisition”), a company that develops, manufactures, markets, brands, distributes and sells a variety of skincare products for consumers to address certain dermatological conditions, for an agreed upon purchas
