Brief: Golden Path Acquisition Corporation Announces Proposed Business Combination With Mc Hologram Inc.

MicroCloud Hologram

10/09/2021 14:24

Sept 10 (Reuters) - Golden Path Acquisition Corp  GPCO.O :
    * GOLDEN PATH ACQUISITION CORPORATION ANNOUNCES PROPOSED
BUSINESS
COMBINATION WITH MC HOLOGRAM INC.
    * GOLDEN PATH ACQUISITION CORP - TERMS OF MERGER PROVIDE FOR
A
VALUATION OF MC AND ITS SUBSIDIARIES AND BUSINESSES OF $450
MILLION
    * GOLDEN PATH ACQUISITION CORP - UPON CLOSING OF
TRANSACTION,
GOLDEN PATH WILL CHANGE ITS NAME TO MICROCLOUD HOLOGRAM INC
    * GOLDEN PATH ACQUISITION CORP - BASED UPON A PER SHARE
VALUE OF
$10.10 PER SHARE, MC STOCKHOLDERS WILL RECEIVE APPROXIMATELY
44.6 MILLION SHARES OF CO
    * GOLDEN PATH ACQUISITION CORP - POST-CLOSING BOARD OF
DIRECTORS
WILL CONSIST OF 5 MEMBERS, FOUR OF WHOM WILL BE NOMINATED BY MC

Source text for Eikon:  ID:nPn5kbvnca 
Further company coverage:  GPCO.O 

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