Leading telecommunications engineering and infrastructure
services provider Spectrum Global Solutions (OTCQB: SGSI) recently entered into
a definitive agreement of merger with WaveTech Global Inc. (http://ibn.fm/RbYGj). Representatives
from both companies believe that the merger will provide unique growth
prospects and great value for shareholders. An article discussing the company
reads, “The merger will be completed through a sale and exchange of shares and
cash. Upon finalization of the transaction, WaveTech will become the
majority-controlling shareholder of Spectrum Global Solutions. . . . According
to the official announcement, Spectrum will rebrand itself under the WaveTech
Global name. The company’s current leadership team will remain operational in
the interim. Spectrum’s board is anticipated to expand and include three new
members from WaveTech. Spectrum intends to file for a name change to WaveTech
Global. It will also submit an application for uplisting to a Nasdaq exchange
under the ticker ‘WAVE’.”
To view the full article, visit http://ibn.fm/wB4Ca
About Spectrum Global Solutions Inc.
Spectrum Global Solutions operates through its subsidiaries:
AW Solutions, ADEX Corp and TNS. The company is a leading provider of
telecommunications engineering and infrastructure services across the United
States, Canada, Puerto Rico, Guam and Caribbean. For more information, visit
the company’s website at www.SpectrumGlobalSolutions.com.
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