Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) recently entered into a definitive agreement of merger with WaveTech Global Inc. (http://nnw.fm/7jtlJ). Representatives from both companies believe that the merger will provide unique growth prospects and great value for shareholders. An article discussing the company reads, “The merger will be completed through a sale and exchange of shares and cash. Upon finalization of the transaction, WaveTech will become the majority-controlling shareholder of Spectrum Global Solutions. . . . According to the official announcement, Spectrum will rebrand itself under the WaveTech Global name. The company’s current leadership team will remain operational in the interim. Spectrum’s board is anticipated to expand and include three new members from WaveTech. Spectrum intends to file for a name change to WaveTech Global. It will also submit an application for uplisting to a Nasdaq exchange under the ticker ‘WAVE’.”
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About Spectrum Global Solutions Inc.
Spectrum Global Solutions operates through its subsidiaries: AW Solutions, ADEX Corp and TNS. The company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean. For more information, visit the company’s website at www.SpectrumGlobalSolutions.com.
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