REG Technologies Inc., All Assets signed an asset purchase agreement to acquire REGI US Inc. from Access Information Services, Inc, REG Technologies Inc. and others in a reverse merger transaction.
September 19, 2016
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REG Technologies Inc., All Assets signed an asset purchase agreement to acquire REGI US Inc. (OTCPK:RGUS) from Access Information Services, Inc, REG Technologies Inc. (TSXV:RRE) and others in a reverse merger transaction on September 16, 2016. As part of transaction, REGI US will issue 1.1 shares for 1 share of Reg Technologies for a total of 50.6 million shares of REGI U.S common stock. REGI US will complete the consolidation of all assets, specifically all intellectual property into a single company. If the transaction is approved /completed, Reg Technologies Inc. will be delisted from the Exchange. The transaction is subject to approval by TSX Venture Exchange and and Reg Technologies, Inc. shareholders.
REGI U.S., Inc., through its wholly owned subsidiary, RadMax Technologies, Inc., is a research and development company. The Company is focused on creating new technologies and is developing and commercializing high efficiency engines, compressors, expanders, and pumps for civilian, commercial and government applications based on its patented RadMax axial vane-type rotary technology. The Companyâs products include gas expanders, compressors and pumps and power generation devices. Its focus is on developing devices that reduce carbon footprint, device size, weight, and parts count, while enhancing fuel and manufacturing efficiencies over incumbent technologies.
REG Technologies Inc., All Assets signed an asset purchase agreement to acquire REGI US Inc. from Access Information Services, Inc, REG Technologies Inc. and others in a reverse merger transaction.
REGI U.S., INC. 
