Reverse merger · Completed
Samsara Luggage, Inc.
Reverse merger with Darkstar Ventures, Inc. (DAVC)
Samsara Luggage, Inc. merged into Darkstar Ventures, Inc. (DAVC), a OTC-quoted public company that spun off its prior business, in a reverse merger that takes the private company public. The deal was announced on May 10, 2019 and closed on Nov 12, 2019. The combined company trades as Samsara Luggage, Inc. on OTC.
Samsara Luggage sells smart luggage cases and aims to expand worldwide sales of them. It became public when Samsara merged into Darkstar Ventures, whose pre-merger holders kept about 20 percent of the combined company.
- Status
- Completed
- Private company
- Samsara Luggage, Inc.
- Public company
- Darkstar Ventures, Inc. (DAVC)
- Public company business before
- OTC-quoted public company that spun off its prior business
- Announced
- May 10, 2019
- Closed
- Nov 12, 2019
- Combined company
- Samsara Luggage, Inc.
- Exchange
- OTC
- Sector
- Consumer
More on this deal for subscribers
- Ownership split between private and public holders
- Analyst notes from the filings
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Filings
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