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NanoSensors Closes Reverse Merger with Green Zebra
Thursday 12 July 2018

12 July 2018 - US-based development stage company NanoSensors, Inc. (OTC: NNSR) has closed a reverse merger with privately held wireless, marketing and analytics data provider Green Zebra, the company said.

The completion of the merger signals NanoSensors' business model shift into the technology sector with Green Zebra's technologies.

Pursuant to the share exchange agreement, Coleman Smith will receive 500m common shares, along with one share of series A preferred, representing controlling interest in NanoSensors, Inc.

By way of the agreement, Green Zebra has become a wholly owned subsidiary.

Terrance Flowers has resigned as CEO and all executive positions.

NanoSensors has named Coleman Smith as the newly appointed CEO of NanoSensors, Inc. Smith will be assembling his elected board of directors as the company establishes itself in the public arena.

NanoSensors said it has already began to update OTC Markets, as well as the state of Nevada, to reflect the appropriate changes.
Date Published: 12/07/2018
Target: Green Zebra
Country: USA
Deal Size: 3.25m (USD)
Sector: IT/Online Services
Type: Corporate acquisition
Financing: Stock
Status: Closed
Vendor: Coleman Smith
Buyer: NanoSensors, Inc
Reverse merger