Aug. 4 at 3:54 AM
$BLNE BLNE shall acquire 100% of the outstanding capital stock of TYTL by means of a reverse triangular merger qualifying as a tax-free reorganization under Section 368(a) of the Internal Revenue Code (the "Code"), in which TYTL will merge with a newly-formed wholly-owned merger subsidiary of BLNE, with TYTL surviving as an indirect subsidiary of BLNE held under Beeline Equity, Inc. ("Beeline Equity") (the "Transaction"). The final structure shall be reviewed and approved by the parties and their respective tax advisors prior to execution of the definitive transaction agreements (the "Definitive Agreements").
