A4 Systems Corporation entered into a definitive agreement to acquire Farstarcap Investment Corp. (TSXV:FRS.P) in a reverse merger transaction on October 25, 2019. In consideration of all of the A4 shares, Farstarcap will issue 24 million common shares to the current shareholders of A4 Systems. In conjunction with closing of the transaction, Farstarcap proposes to complete a non-brokered private placement financing of up to 8 million common shares at a price of CAD 0.25 per share for gross proceeds of up to CAD 2 million. The proceeds of the transaction financing will be used for funding the ongoing expansion of A4’s operations, to fund its ongoing research and development and general working capital purposes. Prior to closing of the transaction, A4 plans to complete a private placement financing of 25,000 A4 shares at a price of CAD 20 per A4 share for total proceeds of CAD 0.5 million. The proceeds of the A4 financing will be used to expand operations and working capital matters prior to closing the transaction. Upon closing of the transaction, the A4 financing and the transaction financing, Farstarcap will have a minimum of 31.61 million common shares issued and outstanding and up to a maximum of 37.61 million common shares issued and outstanding. As of December 4, 2019, Farstarcap issued a CAD 25,000 Promissory Note to A4. In addition, shares held by principals of the resulting issuer will be subject to the escrow requirements. Upon closing of the amalgamation, A4 will effectively be a subsidiary of Farstarcap. Upon successful completion of the transaction, Farstarcap will change its name to A4 Systems Corporation and be a Tier 2 technology or industrial issuer.  Upon completion of the transaction, it is anticipated that the board of directors and officers of the resulting issuer will comprise of Adam Morand as Chief Executive Officer and Director, Steven Lee, Chief Financial Officer and Director, Dan Houston, Chief Operating Officer and Director. Konstantine Tsakumis and Mark Wright will serve as Directors of the resulting issuer. The obligations of Farstarcap and A4 to complete the transaction are subject to the satisfaction of customary conditions precedent including, but not limited to TSXV approval, the receipt of all necessary shareholder and board of director approvals, the absence of any material breach of the representations, warranties and covenants made by each party to the other, completion of the A4 financing and the transaction financing and other conditions which are customary for a transaction such as the shares to be issued to each shareholder of A4 in proportion to their respective shareholding of A4. The transaction is expected to close in late 2019. A4 Systems Corporation cancelled the acquisition of Farstarcap Investment Corp. (TSXV:FRS.P) in a reverse merger transaction on July 6, 2020.