Reviv3 Closes Acquisition of Substantially All Assets of Axil and Associated Brands.

MANews-(C)2009-2022

US-based e-commerce brand Reviv3 Procare Company (OTCQB: RVIV) has completed the acquisition of substantially all assets of hearing protection and enhancement products provider Axil and Associated Brands, the company said.

The USD 33m, cash and preferred stock deal was announced in May.

Reviv3 said it anticipates filing the required audited and pro forma financial statements concerning the acquisition with the Securities and Exchange Commission on form 8-K within the next two weeks.

Axil creates high-tech hearing and audio innovations to provide cutting-edge solutions for people with varied applications across many industries.

The company designs, innovates, engineers, manufactures, markets and services specialized systems in hearing enhancement, hearing protection, wireless audio, and communication.

Axil distributes its products through direct-to-consumer eCommerce channels and local, regional, and national retail chains.

Axil...

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