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Re: Crazy Money post# 595

Monday, 01/13/2020 9:37:51 AM

Monday, January 13, 2020 9:37:51 AM

Post# of 645
So much for the IT part.....

In connection with the Amalgamation, Ameri will spin-off its existing IT services business to a private entity founded by Ameri management in partnership with Ameri’s current Series A Preferred Equity Holders (the “Spin-Off,” and collectively, with the Amalgamation, the “Transactions”). The Transactions are expected to close in the first half of 2020, subject to Ameri shareholder approval, approval of the Nasdaq Stock Market, and other customary closing conditions.

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