Business
Exalt Capital Corp. Filing Statement Filed on SEDAR
(via TheNewswire) Vancouver, BC / TheNewswire / July 3 rd , 2018 - Exalt Capital Cor...
About this update from Astron Connect, Inc.
[{"type":"text","content":"Exalt Capital Corp. Filing Statement Filed on SEDAR(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / July 3rd, 2018 - Exalt Capital Corp. (\"Exalt\"), a capital pool company pursuant to Policy 2.4 (the \"Policy\") of the TSX Venture Exchange (the \"TSXV\"), reports that it has filed, under its profile on SEDAR, a filing statement relating to its proposed acquisition of Sachiel Connect Inc. (the \"Proposed Transaction\"). The Proposed Transaction, first announced in Exalt's press release of December 7, 2017, is intended to constitute the \"qualifying transaction\" of Exalt pursuant to the Policy. \n\n \n \nThe Proposed Transaction remains subject to receipt of all necessary regulatory approvals including, without limitation, final TSXV approval, compliance with all applicable conditions in connection with the Proposed Transaction, the absence of any material adverse condition with respect to the financial and operational condition or the assets of each of the parties, and the delivery of customary closing documentation. \n\n \n \nThe securities being offered in connection with the Proposed Transaction have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release will not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.\n\n \n \nTrading in the common shares of Exalt will remain halted pending the satisfaction of all applicable requirements of the TSXV. There can be no assurance that trading in the common shares of Exalt will resume prior to the completion of the Proposed Transaction. \n\n \n \nAbout Exalt Capital Corp.\n\n \n \nExalt Capital Corp., a capital pool company within the meaning of the Policy of the TSXV, was incorporated in British Columbia on February 20, 2017 and listed on the TSXV on October 10, 2017. It does not have any operations and has no assets other than cash. Exalt's current business is to identify and evaluate businesses and assets with a view to completing a qualifying transaction (as such term is defined in the Policy). ...