Ticker Launch

Reverse merger · Completed

Powertech Holdings Company Limited

Reverse merger with Folkup Development Inc.

Powertech Holdings Company Limited merged into Folkup Development Inc., a small retail shell company controlled by its sole officer, in a reverse merger that takes the private company public. The agreement was signed and the deal closed on the same day, Nov 25, 2020. The combined company trades as Folkup Development Inc..

Status
Completed
Private company
Powertech Holdings Company Limited
Public company
Folkup Development Inc.
Public company business before
small retail shell company controlled by its sole officer
Announced
Signed and closed the same day
Closed
Nov 25, 2020
Combined company
Folkup Development Inc.
Sector
Industrials

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