Tauriga Sciences Inc (fka TAUG)

[John Kent]

Tauriga Sciences, Inc. Elects to Change the Name of its Recently Formed Delaware Subsidiary to: Tauriga Biz Dev Corp. Huge acquisition is in the works here


NEW YORK, NY, March 26, 2018 (GLOBE NEWSWIRE) -- Tauriga Sciences, Inc. (OTC PINK: TAUG) ("Tauriga" or the "Company"), engaged in building its business through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities and equity investments, today announced that the Company has elected to change the name of its recently formed Delaware subsidiary to: Tauriga Biz Dev Corp. Previously this wholly owned subsidiary, formed during early January 2018, had been called: Tauriga IP Acquisition Corp. The Company intends to operate through this subsidiary, should potential opportunities arise to generate revenue streams via acquisition(s) or agreement(s).

At this time, the Company also wishes to disclose to shareholders that it is currently in negotiations with respect to a major potential acquisition opportunity. While there can be no guarantees of a transaction being consummated, the Company is several weeks into the due diligence process.

https://finance.yahoo.com/news/tauriga-sciences-inc-elects-change-120000324.html