Efftec International has acquired Teligent Care, Inc.
Pursuant to the terms of this transaction, shareholders of Teligent have been issued 7M restricted shares of Efftec.
The Company intends to change its name to “Teligent Care, Inc.” as well as seek a new ticker symbol to better reflect its new business model and enterprise.
In accordance with the terms of the acquisition agreement, Teligent’s CEO, Mr. Paul Cristiano, has joined Efftec as a member of its Board of Directors alongside Efftec’s current CEO, Bruce Collett.
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Date: December 10, 2018
Source: SeekingAlpha
