HARMONY MERGER CORP. (NASDAQ:HRMN) Files An 8-K Other Events
Item 8.01 Other Events.
As previously reported, on January 7, 2017, Harmony Merger Corp.,
a Delaware corporation (Harmony), entered into an Agreement and
Plan of Reorganization (the Amalgamation Agreement) by and among
Harmony, Harmony Merger Sub (Canada) Inc., a corporation
incorporated under the laws of the Province of Ontario and a
wholly owned subsidiary of Harmony (Merger Sub), Customer
Acquisition Network (Canada) Inc., a corporation incorporated
under the laws of the Province of Ontario (Customer Acquisition),
and the shareholders of Customer Acquisition (Signing Holders).
On February 23, 2017, Harmony received a notice from Customer
Acquisition purportedly terminating the Amalgamation Agreement.
Harmony believes that Customer Acquisition did not have the right
to terminate under the Amalgamation Agreement and that the
termination is therefore ineffective. Harmony intends to
vigorously pursue all available claims and remedies against
Customer Acquisition under the Amalgamation Agreement and
applicable law.
Harmony now intends to seek an extension of the time it has to
complete an initial business combination. Information on the
proposed extension, including the length of such extension, will
be included in proxy materials to be sent to stockholders of
Harmony when available.
Item 9.01 Financial Statements, Pro Forma Financial
Information and Exhibits.
(d)Exhibits:
| Exhibit | Description | |
| 99.1 | Press release dated February 23, 2017 |
About HARMONY MERGER CORP. (NASDAQ:HRMN)
Harmony Merger Corp. is a blank check company. The Company focuses on acquiring, through a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, one or more businesses or entities. The Company has no other operations other than searching for a business combination. The Company has not generated any revenues. HARMONY MERGER CORP. (NASDAQ:HRMN) Recent Trading Information
HARMONY MERGER CORP. (NASDAQ:HRMN) closed its last trading session down -0.09 at 10.15 with 110 shares trading hands.
