SELR THEY JUST DID A MERGER BELOW...
Steele Oceanic Corporation, an Oklahoma Corporation ("Steele Oceanic") was the resulting corporation arising from a reorganization into a holding company structure (the "Reorganization").
To effect the Reorganization, Steele Oceanic was formed by Steele Resources Corporation, an Oklahoma corporation, ("Steele Resources") as its direct and wholly owned subsidiary, and, in turn, Steele Oceanic formed SELR PRE, Inc., an Oklahoma corporation ("Merger Sub") as a wholly owned subsidiary of Steele Oceanic. The holding company organizational structure was implemented pursuant to Section 1081(g) of the Oklahoma General Corporation Act ("Oklahoma Act") by the merger of Steele Resources with and into Merger Sub. Merger Sub survived the merger as a direct, wholly owned subsidiary of Steele Oceanic.
