Ossen Innovation Enters into Definitive Merger Agreement for Going Private Transaction
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SHANGHAI, Dec. 17, 2020 /PRNewswire/ – Ossen Innovation Co., Ltd. (the
Company ) (Nasdaq: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that it has entered into a definitive Agreement and Plan of Merger (the
Merger Agreement ) with New Ossen Group Limited, an exempted company with limited liability incorporated under the Law of the British Virgin Islands (the
Parent ), and New Ossen Innovation Limited, an exempted company with limited liability incorporated under the Law of the British Virgin Islands and a wholly-owned Subsidiary of Parent (