Intrinsyc Closes Planned Arrangement with Lantronix

- January 16th, 2020

Lantronix has completed the acquisition of all of Intrinsyc’s issued and outstanding common shares valued at approximately US$27 million.

Intrinsyc Technologies (TSX:ITC,OTCQX: ISYRF) announced that Lantronix (NASDAQ:LTRX) has completed the acquisition of all the issued and outstanding common shares of Intrinsyc in a transaction valued at approximately US$27 million.

As quoted in the press release:

The Intrinsyc Common Shares are expected to be delisted from the Toronto Stock Exchange and the OTCQX effective as of the close of trading on or about January 20, 2020. Intrinsyc will apply to cease to be a reporting issuer in all provinces of Canada.

Click here to read the full press release.

 

Your opinion matters!

   
Share your feedback for a chance to win a $100 Amazon.com gift card. Giveaway ends Sunday July 5, 2020.
 

Get the latest Artificial Intelligence Investing stock information

Get the latest information about companies associated with Artificial Intelligence Investing Delivered directly to your inbox.

Artificial Intelligence Investing