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reAlpha Tech | CORRESP: CORRESP

reAlpha Tech | CORRESP: CORRESP

reAlpha Tech | CORRESP:信函
美股SEC公告 ·  05/17 22:17
Moomoo AI 已提取核心訊息
reAlpha Tech Corp., a Delaware-based company, has officially terminated negotiations to acquire United Software Group (USG) and its subsidiaries, as disclosed in their Quarterly Report filed on April 19, 2024. The initial letter of intent for the acquisition, which had a potential aggregate purchase price of up to $14 million, was signed on December 13, 2023, and publicly announced on December 18, 2023. However, following due diligence, reAlpha Tech decided against entering a definitive agreement. The termination of negotiations, which occurred on April 12, 2024, did not result in any economic or legal penalties for reAlpha Tech, including any termination fee. The company also reported incurring non-significant costs during the due diligence process. The decision to not proceed with the acquisition was based on the assessment that the transaction was not 'probable' within the meaning of certain SEC regulations. The company's management believes that including the letter of intent in the 'Subsequent Events' note of their Registration Statement would not have aided in making an informed investment decision and could have potentially misled investors.
reAlpha Tech Corp., a Delaware-based company, has officially terminated negotiations to acquire United Software Group (USG) and its subsidiaries, as disclosed in their Quarterly Report filed on April 19, 2024. The initial letter of intent for the acquisition, which had a potential aggregate purchase price of up to $14 million, was signed on December 13, 2023, and publicly announced on December 18, 2023. However, following due diligence, reAlpha Tech decided against entering a definitive agreement. The termination of negotiations, which occurred on April 12, 2024, did not result in any economic or legal penalties for reAlpha Tech, including any termination fee. The company also reported incurring non-significant costs during the due diligence process. The decision to not proceed with the acquisition was based on the assessment that the transaction was not 'probable' within the meaning of certain SEC regulations. The company's management believes that including the letter of intent in the 'Subsequent Events' note of their Registration Statement would not have aided in making an informed investment decision and could have potentially misled investors.
總部位於特拉華州的reAlpha Tech Corp.已正式終止收購United Software Group(USG)及其子公司的談判,該消息已在其2024年4月19日提交的季度報告中公開披露。有潛在的最高購買價格達1400萬美元的收購意向書於2023年12月13日簽署,並於2023年12月18日公開宣佈。然而,在進行了盡職調查後,reAlpha Tech決定不參與明確協議。該談判的終止(於2024年4月12日),沒有給reAlpha Tech帶來任何經濟或法律懲罰,包括任何終止費用。公司還報告稱,在盡職調查過程中產生了一些不重要的費用。決定不進行收購的原因是根據某些SEC法規的定義,這次交易並不“可能”發生。公司管理層認爲,在其註冊聲明的“後續事件”註釋中包含收購意向書不會有助於做出知情投資決策,並可能誤導投資者。
總部位於特拉華州的reAlpha Tech Corp.已正式終止收購United Software Group(USG)及其子公司的談判,該消息已在其2024年4月19日提交的季度報告中公開披露。有潛在的最高購買價格達1400萬美元的收購意向書於2023年12月13日簽署,並於2023年12月18日公開宣佈。然而,在進行了盡職調查後,reAlpha Tech決定不參與明確協議。該談判的終止(於2024年4月12日),沒有給reAlpha Tech帶來任何經濟或法律懲罰,包括任何終止費用。公司還報告稱,在盡職調查過程中產生了一些不重要的費用。決定不進行收購的原因是根據某些SEC法規的定義,這次交易並不“可能”發生。公司管理層認爲,在其註冊聲明的“後續事件”註釋中包含收購意向書不會有助於做出知情投資決策,並可能誤導投資者。
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