Co.Stamp s.r.l. signed a non-binding letter of intent to acquire Modelleria Brambilla S.p.A. (BIT:MBR) in a reverse merger transaction on May 31, 2017. Co.Stamp s.r.l. entered into an agreement to acquire Modelleria Brambilla S.p.A. in a reverse merger transaction on July 28, 2017. Under the terms of the deal, Modelleria Brambilla will acquire Co.Stamp by issuing a maximum of 38.66 million shares. As a result of the capital increase, Co.Stamp will hold a 90.9757% stake in the share capital of Modelleria Brambilla. The transaction will constitute a reverse take-over and will involve the launch of a compulsory public tender offer on the total outstanding shares of Modelleria Brambilla and the shares resulting from the possible conversion of the "Brambilla Convertibile Modelleria 7% 2014-2019" bond. As of February 21, 2018, Co.Stamp will launch a takeover bid for Modelleria Brambilla at a price of €3 per share. The shareholders of Modelleria Brambilla will tender at least 4.4% of the share capital of Modelleria Brambilla. Co.Stamp will own 95.4% of Modelleria Brambilla. It is not the intention of Co.Stamp to delist.The Board of Modelleria Brambilla resigned to allow appointment of Board that can represent new shareholder Co.Stamp Srl. The deal is subject to approval of the shareholders of Modelleria Brambilla at the extraordinary shareholders' meeting to be held on November 30, 2017. As on February 13, 2018, Modelleria Brambilla shareholders approved to postpone deadline to execute capital increase for the reverse takeover to March 20, 2018. Francesco Maria Aleandri and Vincenzo Armenio of Dla Piper Italy Services Srl acted as legal advisors for Co.Stamp. Massimiliano Bovesi, Daniele Di Iulio and Carlotta Matteuzzi of Bovesi Cartwright Pescatore acted as legal advisors for Modelleria Brambilla. Franco Rossi of Professionisti Associati Modena acted as financial advisor for Modelleria Brambilla and its shareholders. Matteo Pontello of Invest Banca S.p.A. acted as financial advisor for Co.Stamp. Co.Stamp s.r.l. completed the acquisition of Modelleria Brambilla S.p.A. (BIT:MBR) in a reverse merger transaction on May 24, 2018.