SocoFlame, Inc. enter into a tender offer to acquire remaining 26% stake in Flamemaster Corporation (OTCPK:FAME) on October 19, 2023. SocoFlame will acquire Flamemaster for $19.27 per share in cash. Following the completion of the Tender Offer, SocoFlame intends to acquire all remaining shares of Flamemaster at the same Offer Price in cash through a second-step merger, with Flamemaster becoming a wholly-owned subsidiary of SocoFlame.

SocoFlame, Inc. completed the acquisition of remaining 26% stake in Flamemaster Corporation (OTCPK:FAME) on January 30, 2024.