Newater Technology Inc

NASDAQ:NEWA   12:12:56 PM EDT
3.69
+0.01 (+0.27%)
Share Repurchases, Exchange Changes, Mergers / Acquisitions

Newater Technology Says Entering Into Merger Agreement

Published: 09/29/2020 23:04 GMT
Newater Technology Inc (NEWA) - Newater Technology, Inc. Entering Into a Merger Agreement.
Entered Into a Definitive Agreement and Plan of With Crouching Tiger Holding and Green Forest Holding Limited.
Parent Will Acquire Company for Us$3.65 per Common Share of Company.
Parent Will Acquire Company for Us$3.65 per Common Share of Company.
Parent Intends to Finance Merger Through a Combination of Equity and Cash in Company.
Merger, Which is Currently Expected to Close During Q2 of 2021.
Newater - If Completed, Merger Will Result in Co Becoming Privately Held Company & Its Common Shares Will No Longer Be Listed on Nasdaq Capital Market.