Victory Square Technologies Inc (CSE:VST, OTCQX:VSQTF) said the reverse takeover transaction by way of a merger agreement involving the company, its former subsidiary IV Hydreight Inc, Hydreight Technologies Inc (formerly Perihelion Capital Ltd) (NURS), 1362795 BC Ltd (AssetCo), and 1203500 BC Ltd, a wholly-owned subsidiary of NURS, has been completed.
VST said pursuant to the transaction, it has sold its interest in Hydreight and now owns approximately 73.72% of the issued and outstanding NURS shares.
NURS holds 100% of the issued and outstanding shares of Hydreight through a wholly-owned subsidiary, VST said.
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It is anticipated that the NURS shares will resume trading on the exchange under the ticker symbol NURS on or about December 1, 2022, the company added.
Additional information about the transaction can be found here.
VST builds, acquires, and invests in promising start-ups then provides the senior leadership and resources needed to fast-track growth.
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