Jensyn Acquisition Corp. (NASDAQ:JSYNU) Files An 8-K Termination of a Material Definitive AgreementItem 1.02. Termination of Material Definitive Agreement.
On October 10, 2018 Jensyn Acquisition Corp. (the “Company”) announced that it had terminated the Share Exchange Agreement among the Company, Oneness Global and the stockholders of Oneness Global as a result of the breach of certain representations and warranties of Oneness Global contained in the Share Exchange Agreement. The Share Exchange Agreement provided that the stockholders of Oneness Global would exchange their shares in Oneness Global for shares of the Company’s common stock and Oneness Global would become a wholly owned subsidiary of the Company.
The press release announcing the termination of the Share Agreement is filed as Exhibit 99.1 to this Report on Form 8-K and is incorporated herein by reference.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
99.1 Registrant’s Press Release dated October 10, 2018
Jensyn Acquisition Corp. ExhibitEX-99.1 2 ex99-1.htm EXHIBIT 99.1 Jensyn Acquisition Corp. Announces Termination of Share Exchange Agreement Freehold,…To view the full exhibit click
About Jensyn Acquisition Corp. (NASDAQ:JSYNU)
Jensyn Acquisition Corp. is a blank check company. The Company seeks to acquire, through a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, one or more operating businesses. The Company is focused on acquiring an initial platform company specializing in application design, integration and maintenance at the enterprise, mobile, digital and cloud levels. It also focuses on various companies, which are engaged in providing outsourced services to middle market clients, including daily support, project management, subcontractor to consulting firms, software selection, software integration and maintenance, expansion of mobile platforms, migration to cloud services, and equipment value added reseller (VAR) opportunities. The Company is focused on various sectors, such as financial services, healthcare, government, manufacturing and retail, communications and technical.