AGREEMENT AND PLAN OF REORGANIZATIONAgreement and Plan of Reorganization • July 6th, 2017 • Sibannac, Inc. • Pharmaceutical preparations • Arizona
This Plan of Reorganization shall be reorganization within the meaning of Section 368(a)(l)(C) as amended. Purchaser shall acquire substantially all of the properties, assets and business of Seller in exchange solely for a part of Purchaser's voting common stock. As soon as practical Seller will completely liquidate and dissolve and will cause to be distributed to its shareholders, pro rata to stock ownership, all of its right, title and interest in and to the shares of Purchaser's voting common stock to be received by Seller in exchange for the surrender by shareholders for cancellation of certificates representing all of Seller's outstanding common stock.
