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The company further announced stockholder approval of the Plan of Complete Liquidation and Dissolution of the company.
In a release dated April 27, the company stated:
- The notice to NASDAQ by the company requested that trading in the company Common Stock be suspended by NASDAQ effective as of the open of business on May 4, with the official delisting of the company Common Stock to be effective ten days thereafter, on May 14, subject to approval of the Plan, which occurred on April 27. In connection with the notice, the company intends to file with the Securities and Exchange Commission (the SEC) a notification of removal from listing on SEC Form 25 on May 4. In addition, in accordance with the Plan, the company intends to file a Certificate of Dissolution with the Secretary of State of the State of Delaware and close its stock transfer books, each effective as of the close of business on May 1.
- In connection with the Plan, the company has filed with the Securities and Exchange Commission a proxy statement and other relevant materials. The company's stockholders are urged to read the proxy statement and the other relevant materials because they will contain important information about the company and the plan. Stockholders may obtain a free copy of the proxy statement and the other relevant materials (when they become available), and any other documents filed by the company with the SEC, at the SEC's web site.
Company's web site:
techsol.com
SEC's web site:
sec.gov
((Comments on this story may be sent to newsdesk@closeupmedia.com))
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