UNAUDITED PRO FORMA CONDENSED COMBINED FNANCIAL INFORMATIONUnaudited Pro Forma Condensed Combined Fnancial Information • October 14th, 2020 • Patriot Scientific Corp • Patent owners & lessors
On August 19, 2020, Patriot Scientific Corporation, a Delaware corporation (the “Company” or “Patriot”) and privately held Mosaic ImmunoEngineering Inc. (“Private Mosaic”) entered into a stock purchase agreement (“Stock Purchase Agreement”). The transaction closed on August 21, 2020 (“Closing Date”) in accordance with the terms of the Stock Purchase Agreement, whereby one of the Company’s wholly owned subsidiaries merged with and into Private Mosaic, with Private Mosaic surviving as the Company’s wholly owned subsidiary (the “Reverse Merger”).
