There will be many questions in the next coming PR or filings, but for now 16B AS and 8B OS will be concerned, wishing "No common stock will be issued as part of the transaction after they completed the Merger and no Reverse Split will occur."
GATE Technologies, LLC, announced today that it has acquired controlling interest in Angels in Action ("AIA"), an operating division of Angel Acquisition Corp. (OTCQB: AGEL) (PINKSHEETS: AGEL), enhancing the offerings of its subsidiary, GATE Global Impact ("GGI"). Angels in Action is a Carlsbad, California based company focused on providing microfinance services in the U.S. marketplace. AIA's platform enables eligible American entrepreneurs to secure quick-and-ready financing through peer-to-peer loans and microloans. The terms and conditions of the sale will be announced and fully disclosed in the near term.