Kaleyra, GigCapital and their respective directors and executive officers and other persons may be deemed to be participants in the solicitations of proxies from GigCapital's stockholders in respect of the Business Combination
and related transactions.
(b) Primary reason for the business combination
The primary reason
In connection with the closing of the business combination
, which closing was previously announced on July 11, 2019, Thunder Bridge acquired REPAY for approximately USD 580.7m in total consideration.
Black Ridge Acquisition Corp (NASDAQ:BRAC) revealed on Friday that it will further adjourn its special stockholders' meeting that was to be held on 8 July 2019, regarding its proposed business combination
with Allied Esports and the World Poker Tour.
HCAC said JFLCo's investment in the company underscores the compelling opportunity of the proposed business combination
. JFLCo has owned NRC since 2012 and played an instrumental role in driving the company's strategy and value creation plan to date, including the merger with Sprint to form NRC Group in June of this year.
Following receipt of shareholder approval, the parties are seeking to satisfy or negotiate waivers to any remaining closing conditions to the proposed business combination
. Without satisfying all remaining closing conditions or receiving all waivers, no assurance can be made as to whether the proposed business combination
will be consummated.
Medical information company CollabRx (NasdaqCM:CLRX) reported on Thursday the execution of a non-binding letter of intent to negotiate a potential business combination
with Medytox Solutions (OTCBB:MMMS).
The first change deals with how both direct and indirect business combination
costs are reported.
Al Salam Bank Bahrain (ASBB) and Bahraini retail and commercial banking institution, BMI Bank, concluded their business combination
after the shareholders of both entities approved the business combination
in their respective extraordinary general assembly meetings, and to start issuing new shares to increase Al Salam Bank's capital by issuing 643,866,927 new ordinary shares at the value of 100 fils per share for BMI Bank's shareholders, as per the resolutions taken by their EGM's.
Under the first proposal, private companies wouldn't be required to separately recognize certain intangible assets acquired in a business combination
. Private companies that elect the alternative only have to recognize those intangible assets arising from noncancelable contractual terms or those arising from other legal rights.
13-01A, Accounting for Identifiable Intangible Assets in a Business Combination--would not require private companies to separately recognize certain intangible assets acquired in a business combination
The Business Combination
is intended to improve Nidec's consolidated profitability by integrating the functions and management resources of Shimpo and Kyori (incorporated into Shimpo as a wholly owned subsidiary in July 2011) as part of efforts to achieve Nidec's "Vision 2015" goal of creating a group of companies that eyes sales of 2 trillion yen in the fiscal year ending March 31, 2016.
Mercator Minerals Limited (Mercator Minerals), a diversified natural resource company engaged in the exploration, development and mining of base and precious metals, and Stingray Copper Incorporated (Stingray) (TSX : SRY), a gold exploration company, are jointly executing a binding agreement to complete a business combination