Brief: American Energy Partners, Inc. Announces The Signing Of A Letter Of Intent For A Reverse Merger With Scworx Corp.
23/10/2023 14:53
Oct 23 (Reuters) - American Energy Partners Inc
AEPT.PK :
* AMERICAN ENERGY PARTNERS, INC. ANNOUNCES THE SIGNING OF A
LETTER
OF INTENT FOR A REVERSE MERGER WITH A NASDAQ LISTED COMPANY,
SCWORX CORP.
* AMERICAN ENERGY PARTNERS INC- SIGNED LOI TO BE ACQUIRED BY
SCWORX CORP. ("SCWORX"), A NASDAQ LISTED COMPANY UNDER TICKER
SYMBOL "WORX."
* AMERICAN ENERGY PARTNERS INC- SCWORX ANTICIPATES THAT
PROPOSED
TRANSACTION WILL BE STRUCTURED AS A SHARE-FOR-SHARE EXCHANGE
* AMERICAN ENERGY PARTNERS INC- UNDER DEAL, SCWORX
ANTICIPATES
SCWORX SHAREHOLDERS RETAIN 17% AND CO RETAIN 83% OF SHARES OF
COMMON STOCK OF SCWORX
Source text for Eikon: ID:nGNX5bvV18
Further company coverage: AEPT.PK
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