Holista Executes Binding JV for Collie Collagen Facility

Summary by 6ix AI

The Joint Venture will operate through Ovicoll Pty Ltd, with both companies holding equal ownership initially. Holista will manage the day-to-day operations and retain ownership of its intellectual property, while the JV will pay royalties based on sales. This venture aims to commercialize Holista's collagen technology and expand its production capabilities into international markets.

Written by 6ix AI from the company’s filing. How 6ix writes summaries