Ciscom Corp. entered into a letter of intent to acquire Shine Box Capital Corp. (TSXV:RENT.P) in a reverse merger transaction on August 13, 2020. The holders of common shares of Ciscom will receive common shares of the resulting issuer in exchange for their Ciscom shares on the basis of an exchange ratio of one Shine Box common share for every one Ciscom share issued and outstanding as at the closing of the transaction. All outstanding warrants and stock options of Ciscom either automatically adjust in accordance with the terms thereof such that following completion of the transaction, the holders thereof shall acquire the common shares of Shine Box in lieu of the Ciscom shares adjusted to reflect the exchange ratio. In connection with the transaction, Ciscom will complete an equity financing through a non-brokered private placement of Ciscom shares for minimum gross proceeds of CAD 5 million and maximum proceeds of CAD 10 million. Upon completion of the Transaction, the combined entity will meet the listing requirements for a Tier 1 Industrial issuer under the policies of the TSX Venture Exchange. Shine Box will change its name to Ciscom Corp. The management and board of directors of the resulting issuer will be determined by Ciscom. The transaction is subject to the satisfaction of customary closing conditions, including: approval of the transaction by Shine Box’s Board of Directors; the satisfactory completion of due diligence by each of Shine Box and Ciscom; receipt of all required approvals and consents relating to the transaction, including without limitation all approvals of the shareholders of Shine Box and Ciscom; completion Ciscom’s first acquisition; completion of the private placement; the TSX Venture Exchange’s approval for listing the resulting issuer shares; and execution of the definitive agreement. Ciscom Corp. cancelled the acquisition of Shine Box Capital Corp. (TSXV:RENT.P) in a reverse merger transaction on December 23, 2020. The letter of intent has been terminated in accordance with its terms.