M&A
confidence high
sentiment neutral
materiality 0.75
Global Strategies acquires 73% of Adamant DRI Processing, replacing sole officer/director
ADAMANT DRI PROCESSING & MINERALS GROUP
- Global Strategies, Inc. acquired 11,866,563 shares (≈73% of outstanding) on March 28, 2022.
- Seller group included former sole director/officer Ethan Chuang and China Concentric Capital Group Ltd.
- Ethan Chuang resigned as officer and director effective upon the share acquisition.
- Chuang appointed Dr. Larry L. Eastland as sole director and President of the Company.