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Newater Technology, Inc Announces Completion of Merger

Newater Technology, Inc Announces Completion of Merger
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Newater Technology, Inc Announces Shareholders Approval of Merger Agreement

Newater Technology, Inc Announces Shareholders Approval of Merger Agreement
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Newater Technology, Inc confirms its Independent Committee s rejection of unsolicited acquisition proposal from Fulcan Capital Partners LLC

NEWA , or the Company ), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced that its independent committee of the board of the directors (the Independent Committee ) has concluded that an unsolicited and non-binding acquisition proposal received by the Independent Committee from Fulcan Capital Partners LLC, a Nevada limited liability company ( Fulcan ), to acquire substantially all outstanding ordinary shares of the Company at a purchase price of US$4.90 per share is not reasonably capable of being consummated and that the Independent Committee has rejected the Fulcan s proposal.

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Newater Technology, Inc confirms its Independent Committee s rejection of unsolicited acquisition proposal from Fulcan Capital Partners LLC

Newater Technology, Inc confirms its Independent Committee s rejection of unsolicited acquisition proposal from Fulcan Capital Partners LLC
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Newater Technology, Inc to Hold Extraordinary General Meeting of Shareholders

NEWA , or the Company ), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced it has called an extraordinary general meeting of shareholders (the EGM ), to be held on March 19, 2021 at 8:30 a.m. (Beijing Time), at the Company s principal executive office located at 1 Ruida Road, Laishan District, Yantai City, Shandong Province, People s Republic of China, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the Merger Agreement ), dated September 29, 2020, by and among the Company, Crouching Tiger Holding Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (the

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