Business
Tailwind Capital Corporation Announces Business Combination Agreement with Synergy Disc Replacement Inc. in Respect of Qualifying Transaction
Calgary, Alberta--(Newsfile Corp. - March 28, 2019) - Tailwind Capital Corporation (TSXV: TW.P...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"Tailwind Capital Corporation Announces Business Combination Agreement with Synergy Disc Replacement Inc. in Respect of Qualifying TransactionCalgary, Alberta--(Newsfile Corp. - March 28, 2019) - Tailwind Capital Corporation (TSXV: TW.P) (\"Tailwind\") is pleased to announce that it has entered into a definitive agreement dated January 14, 2019 (the \"Business Combination Agreement\") with Synergy Disc Replacement Inc. (\"Synergy\") pursuant to which Tailwind's wholly-owned subsidiary, Tailwind Acquisitionco Inc. (\"Tailwind Subco\"), will amalgamate with Synergy (the \"Amalgamation\") to complete Tailwind's qualifying transaction (the \"Transaction\") in accordance with the policies of the TSX Venture Exchange Inc. (the \"TSXV\"). As a result of the Amalgamation, Synergy will become a wholly-owned subsidiary of Tailwind. Upon completion of the Amalgamation, it is intended that Tailwind will be known as \"SDRi Surgical Solutions Inc.\" (the \"Resulting Issuer\"). The Transaction is subject to the receipt of all necessary regulatory and shareholder approvals as well as the satisfaction of conditions to closing as set out in the Business Combination Agreement.About SynergySynergy is a Canadian based medical device company incorporated in Ontario that provides innovative solutions to treat degenerative disc disease of the cervical spine. Synergy's patented flagship technology, the Synergy Cervical Disc (the \"Synergy Disc®\"), is a third generation cervical disc replacement prosthesis that restores natural motion, while also restoring natural alignment. This unique feature of the Synergy Disc® solves a major clinical issue that current cervical discs on the market see with loss of alignment or unpredictable alignment. In addition, the restoration of alignment feature allows the Synergy Disc® to potentially treat patients with a straight spine or slight deformity, which surgeons are not comfortable treating with other discs available on the market. Accordingly, the addressable patient population for the Synergy Disc® could be almost double that of the current cervical total disc replacement market. The Synergy Disc® is CE-marked and is currently being sold in Europe and Australia.The current principal shareholders of Synergy are: Name:Percentage Held(on a fully-diluted basis):1666529 Ontario Inc.(1)28.5%NuVas...