In the merger, each issued and outstanding share of TPAC-WY (all of which are owned by TPAC-NV) will be retired and canceled and each issued and outstanding share of common stock, Series A Preferred Stock, and Series B Preferred Stock of TPAC-NV will be automatically converted into and become one share of common stock, Series A Preferred Stock, or Series B Preferred Stock, as the case may be, of TPAC-WY upon completion of the merger. Upon completion of the merger, TPAC-NV, as a corporate entity, will cease to exist, and TPAC-WY will continue to operate the business of the company. It will not be necessary for stockholders to exchange their existing stock certificates for stock certificates of TPAC-WY. A copy of the Agreement and Plan of Merger, which we refer to as the “merger agreement” in this proxy statement, is attached to this proxy statement as Appendix A.
All securities are summed together.So it is possible that the O /S will increaseBut value will be the same.
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