M&A
confidence high
sentiment positive
materiality 0.95
MDWerks, Inc. (MDWK): M&A transaction — MDwerks completes reverse merger with Two Trees; issues 60M shares, former holders own ~32.4%
MDWerks, Inc.
- Completed merger with Two Trees Beverage Company; issued 60M shares to Two Trees stockholders for all Two Trees shares.
- Former Two Trees stockholders hold ~32.4% of MDwerks common stock; Two Trees becomes a wholly owned subsidiary.
- Board expanded; James P. Cassidy and Edward D. Kratovil appointed as directors.
- Two Trees rapid-aging process produces spirits in fraction of traditional time; portfolio includes over 30 brands with awards.