First Light Capital Announces That Its Letter of Intent With vMobo Inc. Has Expired
ACCESS Newswire
02 Apr 2020, 21:55 GMT+10
VANCOUVER, BC / ACCESSWIRE / April 2, 2020 / First Light Capital Corp. (TSXV:XYZ.P) ('First Light' or the 'Company'), announces that its non-binding letter of intent with vMobo Inc. ('vMobo') dated December 19, 2019 (the 'LOI'), in which the parties had agreed to structure and pursue a business combination transaction, has expired. First Light does not intend to engage in any further discussion or transaction with vMobo.
First Light, which is classified as a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the 'TSX-V'), now intends to look for an alternative ‘Qualifying Transaction' (as that term is defined in the policies of the TSX-V).
On behalf of First Light
Neil Currie, Chief Executive Officer
For further Information please contact:
Neil Currie
Telephone: (604) 569.2209
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: First Light Capital Corp.
View source version on accesswire.com:
https://www.accesswire.com/583650/First-Light-Capital-Announces-That-Its-Letter-of-Intent-With-vMobo-Inc-Has-Expired
Share
Tweet
Share
Flip
Email
Subscribe and Follow
Get a daily dose of Tennessee Daily news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tennessee Daily.
More InformationRollercoaster day for U.S. stocks Thursday
NEW YORK, New York - U.S. stocks had a volatile day on Thursday after the House of Representatives narrowly passed President Donald...
Tariffs may limit product availability, warns Home Depot
ATLANTA, Georgia: Home Depot plans to hold prices steady despite the added strain of tariffs, the company said, but warned that some...
DOJ drops lawsuit against Southwest over chronic flight delays
WASHINGTON, D.C.: The U.S. Department of Justice dropped a lawsuit last week against Southwest Airlines. The lawsuit, filed near the...
Airbus, Malaysian air carriers in talks to supply A220 jets
KUALA LUMPUR, Malaysia: Airbus is in discussions with Malaysian airlines to introduce its A220 aircraft, the company's Asia-Pacific...
Huawei unveils first HarmonyOS laptops to cut US tech dependence
BEIJING, China: Huawei has launched its first laptops running on its proprietary HarmonyOS, marking a significant step in its effort...
U.S. stocks undermined by accelerating bond yields
NEW YORK, New York: U.S. stocks dived on Wednesday as investors and traders fretted about the passing of the budget bill by Congress...
Tariffs may limit product availability, warns Home Depot
ATLANTA, Georgia: Home Depot plans to hold prices steady despite the added strain of tariffs, the company said, but warned that some...
DOJ drops lawsuit against Southwest over chronic flight delays
WASHINGTON, D.C.: The U.S. Department of Justice dropped a lawsuit last week against Southwest Airlines. The lawsuit, filed near the...
Victims’ families reject tentative Boeing non-prosecution agreement
WASHINGTON, D.C.: Families of some of the 346 people who died in two deadly Boeing 737 MAX crashes plan to oppose a proposed deal between...
Huawei unveils first HarmonyOS laptops to cut US tech dependence
BEIJING, China: Huawei has launched its first laptops running on its proprietary HarmonyOS, marking a significant step in its effort...
Trump says Walmart should cover tariffs, not blame price hikes
WASHINGTON, D.C.: U.S. President Donald Trump said over the weekend that Walmart should eat the tariffs instead of blaming duties imposed...
Tornadoes kill 25 in Kentucky and Missouri after fierce spring storm
LEXINGTON, St. LOUIS: A strong spring storm caused tornadoes overnight in the U.S. Midwest and Ohio River Valley, killing at least...
