Zoompass Inc. entered into a definitive agreement to acquire Uvic Inc. (OTCPK:UVVC) in a reverse merger transaction on August 22, 2016. Under the terms of the transaction, Uvic Inc. will issue 8.1 million shares to the shareholders of Zoompass representing 75% stake in Uvic. Upon completion, Uvic Inc. will change its name to Zoompass Holdings, Inc. and file the appropriate forms with FINRA and the SEC to change its name, address, symbol and complete a 3.5-1 forward split. Upon completion, Robert Lee of Uvic will be appointed as Chief Executive Officer and Director, Steve Roberts as Director and President, Jon Tondeur, Director, Brian Morales, Chief Financial Officer and Edward (Ted) Yew, Director and Secretary of Zoompass Holdings, Inc. Zoompass Inc. completed the acquisition of Uvic Inc. (OTCPK:UVVC) in a reverse merger transaction on August 22, 2016.