TORONTO, April 14, 2021 (GLOBE NEWSWIRE) GT Holdings Corp. (the “
Company”) today announced it has filed consolidated carve-out financial statements representing the performance and operations of the assets and liabilities that were transferred to the Company by Globalive Technology Inc. (“
GTI”) on February 10, 2021 for the financial period from January 1, 2020 to December 31, 2020 (the “
Reporting Period”).
The Company was incorporated on January 14, 2021 for the purpose of acquiring, and did acquire, the material assets and liabilities of GTI, other than certain cash required to remain in GTI, (the “
Carve-out Assets”) in connection with a reverse takeover transaction between GTI and Yooma Corp. (“
Yooma”) that was completed on February 10, 2021 (the “
Notice regarding Forward Looking Statements
All information included in this press release, including any information as to the future financial or operating performance and other statements of Yooma that express management’s expectations or estimates of future performance, other than statements of historical fact, constitute forward-looking information or forward-looking statements within the meaning of applicable securities laws and are based on expectations, estimates and projections as of the date hereof. Forward-looking statements are included for the purpose of providing information about management’s current expectations and plans relating to the future. Wherever possible, words such as “intends”, “go forward” or the negative of these words or other variations thereof, have been used to identify such forward-looking information. Specific forward-looking statements include, without limitation, all disclosure regarding future results of operations, economic conditio