(via TheNewswire)
Completion of the Transaction was conditional on the parties completing a financing of at least
The board of directors of the Company is considering the options available to the Company following the termination of the Transaction and further details will be provided in a subsequent news release. The Company also intends to apply to the Exchange for a resumption of trading of the common shares of the Company.
The Company is a
For further information, please contact:
Email:doron@alabs.co
Telephone number: 972-545-224-017
NEITHER THE
Caution Regarding Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Forward looking statements in this news release include, but are not limited to, management’s intention to apply for resumption of trade of the Company’s shares, management’s plan to issue further updating prese release(s) and management’s intention to continue to pursue target(s) in view of completing a qualifying transaction. Because of these risks and uncertainties and as a result of a variety of factors, including with respect to the proposed resumption of trading, the timing and receipt of all applicable regulatory and corporate approvals, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although the Companybelieves that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source