Infinite Reality terminates merger agreement with Universal Security Instruments

UNIVERSAL SAFETY PRODUCTS, INC.

Infinite Reality notified USI on Dec 12, 2022 of immediate termination of the Merger Agreement.
Merger Agreement dated Feb 25, 2022 allowed termination if merger not effective by Nov 21, 2022.
Termination ends the merger that would have combined USI with Infinite Reality.

item 1.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UNIVERSAL SAFETY PRODUCTS, INC. terminated Merger Agreement with Infinite Reality, Inc. (effective 2022-12-12).

Action: termination
Agreement: merger
Counterparty: Infinite Reality, Inc.
Effective: 2022-12-12

Exact text from the filing

On December 12, 2022, Infinite Reality notified USI that Infinite Reality is terminating the Merger Agreement effective immediately.

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269 material agreements filed in the last 30 days. Browse all material agreements →

UNIVERSAL SAFETY PRODUCTS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-22-126569

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