eOn Communications Corporation and Inventergy, Inc. Announce Approval of Merger and Related Transactions
2014年6月4日 - 5:01AM
Marketwired
eOn Communications Corporation and Inventergy, Inc. Announce
Approval of Merger and Related Transactions
CORINTH, MS--(Marketwired - Jun 3, 2014) - eOn Communications
Corporation ("eOn") (NASDAQ: EONC) and Inventergy, Inc.
("Inventergy") announced today that, at the special meeting of
their stockholders held on June 3rd and June 2nd, respectively, the
merger of eOn and Inventergy was approved. The transaction is
expected to be consummated on June 6th, subject to satisfaction of
all closing conditions.
In connection with the merger, a one-for-two reverse split of
the eOn common stock will be implemented. At the effective
time of the merger, and without further action of the eOn
stockholders, every two shares of eOn's pre-split common stock will
be automatically converted into one share of post-split common
stock. In addition, in connection with the merger, 1.4139
shares will be issued in exchange for each share of Inventergy
common stock. The split-adjusted common stock of the combined
company, which will be named "Inventergy Global, Inc.," is expected
to commence trading on the NASDAQ Capital Market under the symbol
"INVTD" on June 9, 2014, with a "D" added for 20 trading days to
signify that the reverse split has occurred. The CUSIP
assigned to Inventergy Global, Inc.'s common stock is
46123X102.
Continental Stock Transfer & Trust Company, Inventergy
Global, Inc.'s transfer agent, will act as exchange agent for the
exchange. Stockholders will receive forms and notices to
exchange their existing shares for new shares from the exchange
agent or their broker.
At the special meeting of eOn stockholders, eOn stockholders
also approved the following related proposals:
- The Share Issuance Proposal enabling the issuance of shares of
common stock upon the conversion and exercise of the eOn Series B
Preferred Stock and the warrants to purchase common stock issued by
eOn;
- The Transition Proposal approving the Transition Agreement that
provides for transfers of assets to take place only upon
consummation of the Merger;
- The Charter Amendment Proposal approving certain amendments to
eOn's certificate of incorporation, each to take effect only upon
consummation of the Merger;
- The Director Election Proposal electing six directors to serve
as the eOn board of directors only upon consummation of the Merger;
and
- The Incentive Plan Proposal approving the adoption of the
Inventergy Incentive Plan, effective only upon consummation of the
Merger.
About eOn
Communications eOn Communications Corporation is a
global provider of innovative communications solutions. With over
20 years of telecommunications expertise, eOn solutions enable
customers to leverage advanced technologies to communicate more
effectively. Our offerings are built on reliable open architectures
that enable easy adoption of emerging technologies, such as Voice
over Internet Protocol. eOn's website may be accessed at
www.eoncc.com.
About Inventergy
Inventergy, Inc. is an intellectual property acquisition and
licensing company dedicated to identifying, acquiring and licensing
the patented technologies of market-significant technology leaders.
Led by IP industry pioneer and veteran Joe Beyers, the company
leverages decades of experience, market and technology expertise,
and industry connections to assist Fortune 500 companies in
leveraging the value of their innovations to achieve greater
returns. For more information about Inventergy, visit the website
at www.inventergy.com.
Cautionary Statement Regarding Forward-Looking Statements This
press release includes "forward-looking statements" intended to
qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
statements include statements about our plans, strategies,
financial performance, prospects or future events and involve known
and unknown risks that are difficult to predict. As a result, our
actual results, performance or achievements may differ materially
from those expressed or implied by these forward-looking
statements. These statements may be identified by the use of
words like "anticipate", "believe", "estimate", "expect", "intend",
"may", "plan", "will", "should", "seek" and similar expressions and
include any projections or estimates set forth herein. Such
forward-looking statements are necessarily based upon estimates and
assumptions that, while considered reasonable by Inventergy and our
management team, are inherently uncertain. A more complete
description of these risks and uncertainties can be found in our
filings with the U.S. Securities and Exchange Commission. We
caution you not to place undue reliance on any forward-looking
statements, which are made as of the date of this press release. We
undertake no obligation to update publicly any of these
forward-looking statements to reflect actual results, new
information or future events, changes in assumptions or changes in
other factors affecting forward-looking statements, except to the
extent required by applicable laws. If we update one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements.
Contact Investors: Chris Camarra Director, Investor Relations
(212) 260-0579 Email Contact Media Contact: Wendy Chou CHOUmedia
LLC (718) 812-6707 Email Contact
Inventergy Global (CE) (USOTC:INVT)
過去 株価チャート
から 6 2024 まで 7 2024
Inventergy Global (CE) (USOTC:INVT)
過去 株価チャート
から 7 2023 まで 7 2024