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Thursday, 05/14/2020 12:14:46 PM

Thursday, May 14, 2020 12:14:46 PM

Post# of 3177
ASNB~~BUYYYYYYYYYYY NOWWW.033,MERGER FELLAS,21M FLOAT,could SEE DOLLARS PPS,LOAD FAST

EKIMAS Corporation, formerly AdvanSource Biomaterials Corporation (the “Company”), sold substantially all of its assets to Mitsubishi Chemical Performance Polymers, Inc. on January 31, 2020 (the “Closing Date”). As a result, the Company ceased operating as a manufacturer and seller of advanced polymers. Subsequent to the Closing Date, the Company became engaged in efforts to identify an operating company to acquire or merge with through an equity-based exchange transaction that would likely result in a change in control. Although certain opportunities have been investigated to determine whether a potential merger opportunity could add value for the benefit of the Company’s shareholders, the Company has not yet entered into any binding arrangements.


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