David C. Lincoln entered into a definitive agreement to acquire Enssolutions Corporation from Enssolutions Group Inc. for $1.2 million on December 1, 2014. Under the transaction, David C. Lincoln will acquire 0.751 million shares of target for $0.01 million and David C. Lincoln will waive off the outstanding loan of $1.2 million. In connection with the acquisition, Enssolutions, Inc., a newly formed entity by David C. Lincoln will issue 9 million shares for the forgiveness of approximately $1.2 million of debt owed by Enssolutions Corporation.
1st Jan change | Capi. | |
---|---|---|
+3.68% | 78.96B | |
-6.48% | 45B | |
+4.09% | 33.67B | |
+13.39% | 18.76B | |
+14.20% | 12.22B | |
-2.33% | 10.81B | |
-21.39% | 10.45B | |
-3.18% | 9.1B | |
-3.28% | 8.41B |