Activities of MergerCo. MergerCo is a direct, wholly- owned subsidiary of Acquiror, and MergerCo does not have any subsidiaries or material investments of any kind in any entity. MergerCo was recently incorporated on behalf of Acquiror solely for purposes of accomplishing the Merger, has not engaged in any other business activity, has no material liabilities and has conducted its operations only as contemplated hereby.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Applied Digital Solutions Inc), Agreement and Plan of Reorganization (Applied Digital Solutions Inc), Agreement and Plan of Reorganization (Digital Angel Corp)
Activities of MergerCo. MergerCo is a direct, wholly- wholly-owned subsidiary of Acquiror, and MergerCo does not have any subsidiaries Subsidiaries or material investments of any kind in any entity. MergerCo was recently incorporated on August 25, 2009 on behalf of Acquiror solely for purposes of accomplishing the Merger, has not engaged in any other business activity, has no material liabilities and has conducted its operations only as contemplated hereby.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Steel Vault Corp), Agreement and Plan of Reorganization (VeriChip CORP)
Activities of MergerCo. MergerCo is a direct, wholly- wholly-owned subsidiary of Acquiror, and MergerCo does not have any subsidiaries Subsidiaries or material investments of any kind in any entity. MergerCo was recently incorporated on December 22, 2010 on behalf of Acquiror solely for purposes of accomplishing the Merger, has not engaged in any other business activity, has no material liabilities and has conducted its operations only as contemplated hereby.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Superior Silver Mines Inc)
