Amphion Innovations (AMP)
Amphion partner company agrees merger
Amphion Innovations partner company, m2m Acquisition Inc and North Carolina-based Polarean Inc have signed a definitive merger agreement in a cash and share-based transaction to create Polarean Imaging Limited, a newly incorporated company in the UK.
In addition to the merger, Amphion also announced that the placing pre-IPO fundraise of $2 million was complete and the executed merger agreement now cleared the path for the merger to close.
Amphion said that following the merger and pre-IPO raise, it would hold approximately 26% of Polarean.
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|Last Update: 12:58:39 (23/02/18)|