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Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Winix to merge with WINIMAX.CO.,LTD

Tuesday, 29 Apr 2014 02:22am EDT 

Winix Inc:To merge with WINIMAX.CO.,LTD, which is engaged in the manufacturing and sales of electronic goods, to improve operating efficency and create.Merger ratio of 1:35.0424123 between Winix Inc. and WINIMAX.CO.,LTD.3,504,241 new shares will be issued for the merger.Expected merger effective date of Aug. 1.Winix will survive and WINIMAX will be dissolved after the merger. 

Company Quote

-450.0 -3.98%
12:41am EDT