Brief: Tokens.com And Coin HODL Announce Proposed Reverse Takeover

Realbotix

26/01/2021 01:54

Jan 25 (Reuters) - Coin Hodl Inc  COIN.V :
    * TOKENS.COM AND COIN HODL ANNOUNCE PROPOSED REVERSE
TAKEOVER
    * COIN HODL-ON CLOSING , IT IS EXPECTED THAT RESULTING
ISSUER WILL
BE LISTED AS TECHNOLOGY ISSUER ON EXCHANGE AND ITS BUSINESS WILL
BE THAT OF TOKENS
    * TRANSACTION IS EXPECTED TO PROCEED BY WAY OF A
THREE-CORNERED
AMALGAMATION
    * TOKENS WILL MERGE WITH A WHOLLY-OWNED ONTARIO SUBSIDIARY
OF COIN
FORMED FOR PURPOSES OF COMPLETING TRANSACTION
    * COIN HODL - PRIOR TO CLOSING, IT IS EXPECTED THAT ISSUED
AND
OUTSTANDING COMMON SHARES IN CAPITAL OF COIN WILL BE
CONSOLIDATED

Source text for Eikon:  ID:nGNXbWWXVG 
Further company coverage:  COIN.V 

 ((Reuters.Briefs@thomsonreuters.com;))