Monday, February 17, 2020 5:04:01 PM
Mergers occur when two companies join to become one company, like Chrysler-Plymouth back in the day. An acquisition is when one company is dissolved and the second company remains. A reverse merger is a type of acquisition because only one company will remain since shells don’t have assets (besides stock) or operations. As the SPOM PR stated, SPOM officers will step down and be replaced with Gerpang officers. Gerpang’s assets will go into the shell. Therefore, the company remaining will be Gerpang. It’s easy enough to Google.
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM