Ficaar, Inc. completed the acquisition of HyEdge, Inc.
August 08, 2021
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Ficaar, Inc. entered into a letter of intent to acquire HyEdge, Inc. on June 8, 2021. As per the terms of consideration, the shareholders of Hyedge will receive 0.7 shares of the common stock of Ficaar for each share of HyEdge. Ficaar, Inc. entered into an agreement to acquire HyEdge, Inc. on August 6, 2021. The transaction is subject to obtaining requisite consents from a majority of Hyedge shareholders and HSR Act, if any, shall have been made and the applicable waiting period and any extensions thereof shall have expired or been terminated. The board of directors of Ficaar unanimously approved the transaction. The transaction is anticipated to close on August 9, 2021.
Ficaar, Inc. completed the acquisition of HyEdge, Inc. on August 9, 2021. The consideration includes the issuance of 30,895,530 shares of Common Stock, 1,000,000 shares of Series C Preferred Stock and 3,054 shares of Series D Preferred Stock.
HFactor, Inc. is engaged in the manufacturing, marketing, distribution and selling of HFactor hydrogen infused drinking water. The HFactor utilizes a patented chemical-free and magnesium-free process to infuse free hydrogen into its water. HFactor delivers it in the form of pure water for refreshing, functional hydration. HFactor delivers it in the form of pure water for refreshing, functional hydration. It provides different flavors of HFactor water, including Watermelon, Tart Cherry and HFactor Non-Flavored Hydrogen Water. Its HFactor Watermelon is water infused with pure hydrogen and contains only three ingredients: pure water, pure hydrogen and all natural flavors, zero calories and no sugar. It also offers its product in carry-anywhere hydro-pack. The Company's product provides therapeutic benefits for fitness, health and lifestyle recovery and wellness. It serves approximately 5,000 retail stores across 20 chains in addition to its growing e-commerce presence.
HFACTOR, INC. 