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Parametric Sound Corp completes merger with Turtle Beach

Wednesday, 15 Jan 2014 04:30pm EST 

Parametric Sound Corp:Completes merger with privately-held Turtle Beach.Says in connection with the merger, Parametric Sound issued shares of common stock to the former Turtle Beach stockholders which, together with options to purchase shares of Turtle Beach common stock that were converted into options to purchase shares of Parametric Sound common stock.Says issue represents about 80% of the outstanding Parametric Sound common stock on a fully-diluted basis immediately following the merger.Says completion of the merger, which is effective Jan. 15. 

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0.02 +0.93%
24 Nov 2015