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EnerDynamic Hybrid Technologies Corp. Announces Agreement to Acquire Windular Research and Technologies Inc.
EnerDynamic Hybrid Technologies Corp. (
EHT or the
Company ) (TSXV:EHT) is pleased to announce that it has entered into a definitive business combination agreement (the
Definitive Agreement ), providing for the acquisition of Windular Research and Technologies Inc. (
Windular ) (the
Terms of the Acquisition
The Acquisition will proceed by way of a three-cornered amalgamation pursuant to which Windular and certain special purpose corporate shareholders of Windular (collectively the
Holdcos ) will amalgamate with a wholly-owned subsidiary of EHT (
Subco 1 ), and all of the issued and outstanding common shares of Windular (the