Brief: Infinite Reality And Universal Security Instruments Announce Merger Agreement

Universal Safety Products

25/02/2022 12:36

Feb 25 (Reuters) - Universal Security Instruments Inc
 UUU.A :
    * INFINITE REALITY, INC. AND UNIVERSAL SECURITY INSTRUMENTS,
INC.
JOINTLY ANNOUNCE MERGER AGREEMENT
    * UNIVERSAL SECURITY INSTRUMENTS INC - USI TODAY ANNOUNCED
THAT IT
IS EVALUATING STRATEGIC ALTERNATIVES
    * UNIVERSAL SECURITY INSTRUMENTS INC - INFINITE REALITY
SHAREHOLDERS WILL HOLD APPROXIMATELY 97% OF USI'S OUTSTANDING
COMMON STOCK
    * UNIVERSAL SECURITY INSTRUMENTS INC - INFINITE REALITY
BOARD OF
DIRECTORS AND MANAGEMENT WILL LEAD MERGED COMPANY

Source text for Eikon:  ID:nPn8SHq2ga 
Further company coverage:  UUU.A 

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