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News: BIQ BuildingIQ Inc Says Board Agrees To Terms For Mcloud Technologies Corp To Acquire Co

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    11/02/20
    10:15
    Post #: 42857080

    Feb 11 (Reuters) - BuildingIQ Inc (BIQ) :

    • BOARD AGREES TO TERMS FOR MCLOUD TECHNOLOGIES CORP TO ACQUIRE CO
    • MCLOUD INTENDS TO PROVIDE CO WITH WORKING CAPITAL FACILITY AND OFFER TO BUY CDIS IN BUILDINGIQ IN EXCHANGE FOR STOCK IN MCLOUD
    • UNDER EOI, MCLOUD OFFERS TO BUY EACH CDI WHERE HOLDERS TO RECEIVE 1 SHAREIN MCLOUD FOR EVERY ABOUT 441 CDIS HELD
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