Spotlight Innovation LLC completed the acquisition of American Exploration Corporation (OTCPK: AEXP) in a reverse merger transaction.
The deal is subject to approval of majority shareholders of American Exploration Corporation, due diligence, amendment to certification of incorporation, resignation of American Exploration's Directors, obtaining financing in an amount of at least $0.24 million and reverse stock split. The Manager of Spotlight Innovation and Board of Directors of American Exploration have approved the merger.
Spotlight Innovation LLC completed the acquisition of American Exploration Corporation (OTCPK: AEXP) in a reverse merger transaction on December 10, 2013.