- Pluribus Technologies Corp.(AUIX.P) completes its acquisition of all outstanding securities of Pluribus Technologies Inc.
- The company approved the change of its name from Aumento Capital IX Corp. to Pluribus Technologies Corp.
- Pluribus Corp. acquires all the issued and outstanding securities of Pluribus Inc. via a three-cornered amalgamation
- Pluribus Corp. also completes a consolidation of its issued and outstanding common shares
- Pluribus Technologies Corp. (AUIX.P) is unchanged and is trading at $0.55 per share as of 1:44 p.m. EST
Pluribus Technologies Corp. (AUIX.P) has completed its acquisition of all outstanding securities of Pluribus Technologies Inc.
The TSXV has conditionally approved the listing of the Pluribus Corp. shares.
The company approved the change of its name from Aumento Capital IX Corp. to Pluribus Technologies Corp.
The shares are expected to trade under the new ticker symbol “PLRB” by January 19.
The transaction was completed according to the terms of a business combination agreement.
According to which Pluribus Corp. acquires all the issued and outstanding securities of Pluribus Inc. via a three-cornered amalgamation.
Pluribus Corp. also completed a consolidation of its issued and outstanding common shares so that one post-consolidation share is issued for every 7.94118 pre-consolidation shares.
An aggregate of 15,212,034 post-consolidation shares was issued in exchange for the common shares.
Warrants are exercisable to acquire 2,380,384 shares and 262,732 units and were issued in exchange for the outstanding warrants of Pluribus Inc.
Options that exercisable to acquire an aggregate of 39,214 shares were issued in exchange for outstanding options of Pluribus Inc.
There are 15,463,886 post-consolidation Pluribus Corp. shares issued and outstanding on an undiluted basis.
Each of the 3,475,291 subscription receipts of Pluribus Inc. issued to investors were exchanged for one Pluribus Corp. share.
Escrowed proceeds have been released in accordance with the provisions of the subscription receipt agreement.
Pluribus Technologies Corp. (AUIX.P) is unchanged and is trading at $0.55 per share as of 1:44 p.m. EST.
