So does that mean EllisLab merger is cancelled??
As of September 30, 2019, Mr. Ellis was serving as the Company’s Chief Executive Officer and was a member of the Company’s Board of Directors. As set forth in Item 5.02 below, as of September 30, 2019, Mr. Ellis resigned from these positions. Mr. Ellis is also the president and treasurer of EllisLab and continues to hold these positions.
On September 30, 2019, Derek Jones and the Company entered into an Option Cancellation Agreement pursuant to which the Option was cancelled.
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