Breaking News: Flyht’s Acquisition by Firan Technology Group Corporation Receives Green Light from Shareholders!
CALGARY, AB / ACCESSWIRE / December 16, 2024
FLYHT Aerospace Solutions Ltd. (“FLYHT” or the “Company”) (TSXV:FLY)(OTCQX:FLYLF) is pleased to announce that holders (the “Company Shareholders”) of its common shares (the “Common Shares”) have voted in favour of the previously announced acquisition of FLYHT by Firan Technology Group Corporation (TSX:FTG)(OTCQX:FTGFF) (“FTG”) by way of plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) at FLYHT’s special meeting of shareholders (the “Meeting”) held on December 16, 2024.
The completion of the Arrangement required the approval of at least two‐thirds of the votes cast at the Meeting in person or by proxy by Company Shareholders.
How will this affect me?
This acquisition could potentially impact you as a current shareholder of FLYHT. With the approval of the acquisition by Firan Technology Group Corporation, there may be changes in the management and operations of the company which could affect the value of your investment. It is advisable to closely monitor any updates and news regarding this acquisition to make informed decisions about your investment.
How will this affect the world?
The acquisition of FLYHT by Firan Technology Group Corporation may have broader implications for the aerospace industry and the world of technology. This move could lead to enhanced collaboration and innovation between the two companies, potentially leading to advancements in aerospace technology that could benefit the industry as a whole. It could also impact the competitive landscape within the aerospace sector and drive further consolidation and strategic partnerships among companies in the industry.
Conclusion
In conclusion, the approval of Flyht’s acquisition by Firan Technology Group Corporation marks a significant milestone for both companies. It will be interesting to see how this acquisition plays out and the potential impact it will have on shareholders, the aerospace industry, and the world of technology as a whole. Stay tuned for further updates and developments related to this acquisition.
