JanOne To Acquire Leading Blockchain FinTech Firm ALT 5 Sigma, Strengthening Its Position In The Market
Author: Benzinga Newsdesk | May 13, 2024 07:48am
At closing, JanOne will issue to the former stockholders of ALT 5 1,799,100 shares of its common stock, which represents approximately 19.9% of JanOne's will issue to the outstanding common stock as of May 10, and (ii) 34,207 shares of its Series B non-convertible, non-redeemable preferred stock. At closing ALT 5 Sigma Inc. and its subsidiaries shall become wholly owned subsidiaries of JanOne.
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