KB Industries Inc. acquired Atlantic Wind & Solar Inc. (OTC:AWSL) (‘Atlantic’) in a reverse merger transaction on June 24, 2019. The transaction is structured as the acquisition by Atlantic of KB Industries in exchange for 230 million Series A restricted common shares and 100,000 Series B Super-voting common shares of Atlantic. The consideration shares be issued under appropriate exemption from registration and will contain substantial resale restrictions. Concurrently, Atlantic announced the termination of its agreement with Watson Energy Investments LLC. As part of the acquisition and plan of re-organization Kevin Bagnall, founder and President of KB Industries was appointed Chairman, President and Chief Executive Officer of Atlantic. KB Industries Inc. completed the acquisition of Atlantic Wind & Solar Inc. (OTC:AWSL) in a reverse merger transaction on June 24, 2019.