ProStar Holdings Inc. Announces Closing of Merger Transaction
Summary
To read the original article at StockWatch, click HERE “I am very excited that the merger transaction has now been completed and approved,” stated Page Tucker, ProStar’s founder and CEO. Under the terms of the Merger Agreement, and as further described in the Companys information circular dated November 16, 2020 (the “Circular”), the Transaction was completed by way of a merger under the laws of Delaware, whereby Doxa SubCo merged with and into ProStar, with ProStar surviving as a wholly-owned subsidiary of the Company. In addition to other factors and assumptions, which may be identified herein, assumptions have been made regarding and are implicit in, among other things: receipt of regulatory approvals; the state of the capital markets and the technology sector, including the impact of the COVID-19 pandemic; tax issues associated with doing business internationally; the ability of the Company to successfully manage the risks inherent in pursuing business opportunities in the technology industry; and the ability of the Company to obtain and maintain qualified staff, equipment and services in a timely and cost-efficient manner to develop its business. The reader is referred to the Circular for a more complete discussion of applicable risk factors and their potential effects, copies of which may be accessed through the Company’s issuer page on SEDAR at www.sedar.com. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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