Newater technology says entering into merger agreement

Newater technology, inc. entering into a merger agreement.entered into a definitive agreement and plan of with crouching tiger holding and green forest holding limited.parent will acquire company for us$3.65 per common share of company.parent will acquire company for us$3.65 per common share of company.parent intends to finance merger through a combination of equity and cash in company.merger, which is currently expected to close during q2 of 2021.newater - if completed, merger will result in co becoming privately held company & its common shares will no longer be listed on nasdaq capital market.
NEWA Ratings Summary
NEWA Quant Ranking