Plurilock Security and Quantum eMotion said on 21 October that Plurilock had filed and mailed the meeting notice and management information circular for its proposed acquisition. A special meeting is scheduled for 18 November in Vancouver. Under the proposal, Plurilock shareholders would receive C$0.084 in cash and 0.0763 Quantum eMotion shares for each share, implying C$0.28 total consideration per Plurilock share in the announcement.
Plurilock’s board, excluding directors required to abstain, unanimously recommends that shareholders support the arrangement. Completion requires at least two-thirds of votes cast, a separate majority excluding certain insiders, approval by the Supreme Court of British Columbia and other customary approvals. The acquisition has not closed; the companies expect closing in late November.
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Plurilock Security and Quantum eMotion said on 21 October that Plurilock had filed and mailed the meeting notice and management information circular for its proposed acquisition.
Plurilock Security and Quantum eMotion said on 21 October that Plurilock had filed and mailed the meeting notice and management information circular for its proposed acquisition.
AI-generated symbolic illustration. Imagined conversational vehicle-service concept; no actual Mahboub or RTA interface, publicly launched service or completed transaction is depicted.
The initial scope covers vehicle licensing services through a single conversation.
Source: Emirates News Agency (WAM)
AI-generated symbolic illustration. Concept of aircraft-maintenance infrastructure; not a depiction of flydubai’s actual facility or evidence of completion or operation.
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