The
Resonate announced its intentions last month through a Shareholder Update Letter to pursue new opportunities for the public holding company to both increase value opportunities for current shareholders and to also inject new investment into the emerging EV and hydrogen fuel cell bus and specialty vehicle markets. Once the closing conditions outlined in the Agreement have been met, Pegasus will enter into the public company in exchange for
Pegasus has developed strategic partnerships with leaders in the EV and hydrogen fuel cell sectors, such as
Completion of the Proposed Merger is subject to the satisfaction of closing conditions that are to be finalized as part of the Agreement. Accordingly, there can be no assurance that a closing will be consummated.
About
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our product development programs and any other statements that are not historical facts. Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from management’s current expectations include those risks and uncertainties relating to our ability to raise capital, the regulatory approval process, the development, testing, production and marketing of our drug candidates, patent and intellectual property matters and strategic agreements and relationships. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. A complete discussion of the risks and uncertainties that may affect the Company’s business, including the business of any of its subsidiaries, is included in “Risk Factors” in the Company’s most recent Annual Report on Form 10-K as filed by the Company with the
Corporate Contact
Chief Investment Officer/Director
david@resonateblends.com
571-888-0009
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/62a6adf7-48ab-4cf1-bc5c-a2c05b37db26
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Pegasus Speciality Vehicles
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Bringing the experience of the past to accelerate the future.
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