WPCS INTERNATIONAL INCORPORATED (NASDAQ:WPCS) Files An 8-K Other EventsItem 8.01 Other Events.
As previously disclosed in a Current Report on Form 8-K filed on September 6, 2017, WPCS International Incorporated (“WPCS”), DC Acquisition Corporation, a wholly-owned subsidiary of WPCS (“Merger Sub”), and DropCar, Inc., (“DropCar”), entered into an Agreement and Plan of Merger and Reorganization, dated as of September 6, 2017 (the “Merger Agreement”), to which, among other things, subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement, Merger Sub will merge with and into DropCar, with DropCar becoming a wholly-owned subsidiary of WPCS and the surviving corporation of the merger (the “Merger”).
to the Merger Agreement, WPCS agreed to file a registration statement on Form S-4 under the Securities Act of 1933, as amended, with the U.S. Securities and Exchange Commission registering the issuance of the shares of its common stock to be issued in the Merger (the “Registration Statement”), within 35 days of the date of the Merger Agreement. On October 10, 2017, WPCS filed the Registration Statement, a copy of which is annexed to this Report as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
Reference is made to the Exhibit Index included with this Current Report on Form 8-K.
WPCS INTERNATIONAL INC ExhibitEX-99.1 2 t1702749_ex99-1.htm EXHIBIT 99.1 t1702749_ex99-1 – none – 16.6422406s TABLE OF CONTENTS Exhibit 99.1 As filed with the Securities and Exchange Commission on October 10,…To view the full exhibit click here
About WPCS INTERNATIONAL INCORPORATED (NASDAQ:WPCS)
WPCS International Incorporated (WPCS) is a low voltage contractor that specializes in the installation and service of voice and data networks, security systems, audio-visual solutions, and distributed antenna systems, and provides project management and delivers complex projects to vertical markets that include healthcare, education, transportation, energy and utilities, oil and gas, manufacturing, commercial real estate, financial and government. The Company specializes in low voltage communications, audio-visual and security contracting services, conducting business in approximately two operation centers, through its domestic subsidiaries, WPCS International-Suisun City, Inc. (Suisun City Operations) and WPCS International-Texas Operations, Inc. (Texas Operations). The Company also has strategic alliances with technology partners to provide consulting and application software development services for collaboration, visualization and unified communications.
