Brief: Prospect Park Capital Announces Proposed New Investment

Prospect Park Capital

02/03/2021 18:49

March 2 (Reuters) - Prospect Park Capital Corp  PPK.V :
    * PROSPECT PARK CAPITAL ANNOUNCES PROPOSED NEW INVESTMENT
    * PROSPECT PARK CAPITAL CORP - ENTERED INTO DEFINITIVE
AGREEMENT
DATED MARCH 1, 2021 WITH DIITALK COMMUNICATIONS AND PPK
ACQUISITION CORP., UNIT OF CO
    * PROSPECT PARK CAPITAL CORP - CO ACQUIRING ALL OF ISSUED
AND
OUTSTANDING SECURITIES OF DIITALK
    * PROSPECT PARK CAPITAL CORP- DIITALK AND PPK ACQUISITION
CORP.
WILL AMALGAMATE WITH AMALGAMATING CORPORATION (TO BE NAMED
DIITALK COMMUNICATIONS INC‎)
    * PROSPECT PARK - IN CONSIDERATION FOR AMALGAMATING WITH PPK
ACQUISITION CORP., SHAREHOLDERS OF DIITALK WILL RECEIVE OF 15
MILLION COMMON SHARES OF CO
    * PROSPECT PARK-HOLDERS OF CONVERTIBLE SECURITIES OF DIITALK
WILL
RECEIVE WARRANTS OF CO EXERCISABLE FOR ABOUT 95,088 CO'S COMMON
SHARES AT $0.25/SHARE

Source text for Eikon:  ID:nGNX7xx5yp 
Further company coverage:  PPK.V 

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