Thursday, October 28, 2021 9:16:41 AM
Corby Marshall, CEO of Hawkeye, stated, "We are pleased to reach the successful culmination of our M&A process with the announcement of a truly robust growth acquisition opportunity in Six15.
Combining world-class technology with accomplished industry leadership, the Six15 Agreement is expected to return the Company to its original tech mission and its focus on building sustainable long- term shareholder value."
Rich Ryan, CEO of Six15, commented, "We view the anticipated Agreement and subsequent capital raise as the final element needed to catalyze the hyper-growth phase of our business plan. We further believe our evolving narrative will be well-suited to attract and build long-term investor interest as a public company."
Hawkeye anticipates there will be a name and symbol change as part of the transaction. A reverse stock split is also being discussed.
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