Adaptive Medias Inc (fka ADTM)

[wilma6311]

Trader..The Merger was "called off" by Adsupply months ago. I contacted them and they confirmed it via Twitter. I'll see if I can find that tweet but here is the information saying it expired 9/1/2016.

wilma6311 Wednesday, 09/07/16 07:57:30 PM
Re: None
Post # of 24283

Found this. It expired 9/1.


Quote:
8. Termination. This Letter will automatically terminate and be of no further force and effect upon the earlier of (a) execution of the Definitive Agreement by Buyer, Merger Sub and the Company, (b) mutual agreement of Buyer and the Company, or (c) September 1, 2016. Notwithstanding anything in the previous sentence, paragraphs 10, 11 and 15 shall survive the termination of this Letter and the termination of this Letter shall not affect any rights any Party has with respect to the breach of this Letter by another Party prior to such termination. In the event Buyer, Merger Sub and the Company, do not enter into a Definitive Agreement, then upon termination of this Letter, Buyer shall pay Company the sum of $100,000.00.



9. Bid Expiration. This offer will remain in effect until September 1, 2016, unless accepted or rejected by the Company, or withdrawn by Buyer prior to that time.