Brief: Input Capital Corp Enters Purchase Agreement To Acquire SRG Security Resource Group Inc

SSC Security Services

14/12/2020 23:40

Dec 14 (Reuters) - Input Capital Corp  INP.V :
    * INPUT CAPITAL CORP. ENTERS PURCHASE AGREEMENT TO ACQUIRE
SRG
SECURITY RESOURCE GROUP INC.
    * INPUT CAPITAL CORP - INPUT WILL ACQUIRE ALL SRG SHARES FOR
A
TOTAL PURCHASE PRICE OF APPROXIMATELY C$19.9 MILLION
    * INPUT CAPITAL CORP - HALF OF PURCHASE PRICE WILL BE
SATISFIED BY
ISSUANCE OF 8.9 MILLION COMMON SHARES OF CO
    * INPUT CAPITAL CORP - REMAINING 50% OF PURCHASE PRICE WILL
BE
PAID IN CASH
    * INPUT CAPITAL CORP - ENTIRE SRG MANAGEMENT TEAM IS
EXPECTED TO
REMAIN WITH COMPANY

Source text for Eikon:  ID:nCNWd7j96a 
Further company coverage:  INP.V 

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