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Annidis Corp completes vertical short-form amalgamation with wholly-owned subsidiary


Thursday, 2 Jan 2014 05:30pm EST 

Annidis Corp:Says effective Jan. 1, it has completed a vertical short-form amalgamation pursuant to the Business Corporations Act (Ontario) with its wholly owned operating subsidiary Annidis Health Systems Corp. (AHSC).Says pursuant to the amalgamation, all of the issued and outstanding shares of AHSC will be cancelled and the assets, obligations and liabilities of AHSC will be assumed by Annidis.Says No securities of Annidis will be issued in connection with the amalgamation and the share capital of the Annidis will remain unchanged.Says the amalgamation of Annidis and AHSC has been undertaken in order to simplify the corporate structure of Annidis and to reduce administrative costs. 

Company Quote

0.35
0.07 +25.00%
9 Jul 2014