Re: Letter of Intent between Arista Capital Ltd. and Praco CorporationPraco Corp • March 16th, 2017 • Real estate operators (no developers) & lessors
This letter sets forth our binding Letter of Intent (“LOI”) between Praco Corporation (“Praco” or the “Company”) a Nevada corporation, and Arista Capital Ltd. (“Arista”) in connection with the merger of Arista with Praco whereby the shareholders of Arista (“Shareholders”) will acquire common shares representing eighty percent (80%) of the issued and outstanding shares of Praco on a fully diluted basis (the “Transaction”), subject to the terms of a definitive merger agreement to be negotiated and executed by the parties.
