SDT Holdings Announces Reverse Take-Over with Wuhan General Group (China), Inc.
22 Fevereiro 2018 - 4:30PM
InvestorsHub NewsWire
The Company announces that it has finalized the merger with Wuhan
General Group (China), Inc. as part of a Reverse Take-Over or
"RTO".
MONTREAL, Quebec -- February 22, 2018 -- InvestorsHub NewsWire
-- SDT Holdings, Inc. / Wuhan General Group (China), Inc.
(USOTC
PINK:
WUHN) (the "Company").
The Company is proud to have reached this important milestone and
believes that the RTO will provide our business with major
opportunities in the international marketplace, access to long-term
investors as well as growth capital. Thus, offering current and
prospective investors a great investment opportunity.
The newly-merged company will assume the name SDT Holdings, Inc and
has initiated the process to provide current filings and
disclosures.
About
SDT Holdings, Inc. is a Montreal-based industrial technology
holding company that focuses on the development, production and
commercialization of its four subsidiaries, specializing in these
areas: mining electrification, cryptocurrencies / blockchain,
industrial batteries, internet of things and artificial
intelligence for the industrial market. Dedicated to supplying
quality, innovative technologies and battery solutions, SDT
Holdings services the transport, mining, agricultural, industrial
and earthmoving industries.
SDT Holdings, Inc
Publicly traded company (USAOTC Pink: WUHN)
Website: www.sdtholdings.com
For further information contact:
Phone: (514) 928-7368
E-mail: info@sdtholdings.com
Safe Harbour Statement - In addition to
historical information, this press release may contain statements
that constitute forward-looking statements within the meaning of
the Securities Act of 1933 and the Securities Exchange Act of 1934,
as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements contained in this press release include
the intent, belief, or expectations of the Company and members of
its management team with respect to the Company's future business
operations and the assumptions upon which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales under negotiations, lack of revenue growth,
client discontinuances, failure to realize improvements in
performance, efficiency and profitability, and adverse developments
with respect to litigation or increased litigation costs, the
operation or performance of the Company's business units or the
market price of its common stock. Additional factors that would
cause actual results to differ materially from those contemplated
within this press release can also be found on the Company's
website. The Company disclaims any responsibility to update any
forward-looking statements.
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