Brief: Wolf Acquisition Corp. Announces Proposed Qualifying Transaction

Hercules Metals

06/10/2018 24:22

Oct 5 (Reuters) - Wolf Acquisition Corp  WOLFp.V :
    * . ANNOUNCES PROPOSED QUALIFYING TRANSACTION
    * ENTERED INTO BINDING LETTER OF INTENT DATED OCT 5, 2018
WITH
ABAXX TECHNOLOGIES INC TO EFFECT A BUSINESS COMBINATION OF TWO
COS
    * PROPOSED TRANSACTION WILL BE A REVERSE TAKEOVER OF
CORPORATION
BY ABAXX AND ITS SHAREHOLDERS
    * WOLF ACQUISITION-PURSUANT TO DEAL,HOLDERS OF
ISSUED,OUTSTANDING
COMMON SHARES OF ABAXX SHALL RECEIVE ONE WOLF COMMON SHARE FOR
EACH ABAXX COMMON SHARE HELD
    * WOLF ACQUISITION -ON OR IMMEDIATELY PRIOR TO COMPLETION OF
TRANSACTION,  SEE THAT CO WILL EFFECT A NAME CHANGE TO SUCH NAME
AS MAY BE DETERMINED BY ABAXX
    * WOLF -SEES ON OR IMMEDIATELY PRIOR TO COMPLETION OF
TRANSACTION,
CONSOLIDATE WOLF SHARES ON BASIS OF 1 "NEW" WOLF SHARE FOR EVERY
2.71605 "OLD" CO SHARES ISSUED & OUTSTANDING

Source text for Eikon:  ID:nGNX5PXk3s 
Further company coverage:  WOLFp.V 

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