M&A
confidence high
sentiment neutral
materiality 0.80
Apple iSports Group, Inc. (AAPI): M&A transaction — Prevention Insurance.com completes reverse merger with Apple iSports; new CEO and board appointed
Apple iSports Group, Inc.
- Issued 195,062,000 common shares to AiS shareholders for all of AiS stock; 31,000 warrants reissued.
- Marino Sussich resigned as officer but remains director controlling ~65% of shares.
- Joe Martinez appointed CEO/Chairman; Jeremy Samuel President/director; Lee Saltzer COO; Rishi Kher CFO.
- Fiscal year changed from April 30 to December 31 to align with Apple iSports.
- Company ceased to be a shell company post-transaction; AiS develops sports betting platform.