Boomer Natural Wellness, Inc. agreed to acquire Remaro Group Corp. (OTCPK:REMO) in a reverse merger transaction on January 7, 2020. Pursuant to the agreement, Remaro Group Corp. agreed to acquire all of the outstanding shares of Boomer in exchange for the issuance the Exchange Shares and the Majority Shareholder agreed to retire 8 million shares of the Remaro Group Corp.'s Common Stock. Pursuant to the Agreement, Remaro Group Corp. agreed to acquire all of the outstanding shares of Boomer in exchange for the issuance of an aggregate 40.326913 million pre-split shares of the Remaro Group's common stock, par value $0.001 per share. As a result of the Exchange, Boomer became a wholly-owned subsidiary of the Remaro Group and Remaro adopted the business plan of Boomer. Following the consummation of the Exchange, the Boomer Shareholders will beneficially own approximately 94% of the issued and outstanding common stock of Remaro. Also on January 7, 2020, the Company approved an amendment to its Articles of Incorporation to change the name of the Remaro Group Corp. to Boomer Holdings Inc. At the effective time of the Exchange, Michael Quaid was appointed Chief Executive Officer and Director and Thomas Ziemann as Chief Operating Officer and Director.

The transaction is subject to complete and satisfactory due diligence review of Boomer by Remaro and of Remaro by Boomer, approval of the transaction by the Boomer Board of Directors and the Boomer Shareholders, approval of the transaction by the Remaro Board, necessary third-party consents including but not limited to consents necessary from Boomer's lenders, creditors, vendors and lessors and from Remaro's lenders, creditors; vendors, and lessors. The transaction has been approved by Board of Directors of Remaro.

Boomer Natural Wellness, Inc. completed the acquisition of Remaro Group Corp. (OTCPK:REMO) in a reverse merger transaction on January 7, 2020. Pursuant to the agreement, Remaro Group Corp. agreed to acquire all of the outstanding shares of Boomer in exchange for the issuance the Exchange Shares and the Majority Shareholder agreed to retire 24 million shares of the Remaro Group Corp.'s Common Stock. Pursuant to the Agreement, Remaro Group Corp. agreed to acquire all of the outstanding shares of Boomer in exchange for the issuance of an aggregate 120.980739 million shares of the Remaro Group's common stock effecting a forward stock split on the basis of three-to-one (3:1).