Profire Energy Completes Merger and Delisting Process
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Profire Energy has completed its merger, leading to the termination of its 2014 Equity Incentive Plan and 2023 Executive Incentive Plan. The merger involved acquiring all outstanding shares at $2.55 each, totaling approximately $118 million. Following this, trading on NASDAQ was suspended, and the company filed for delisting and deregistration. All directors resigned, and the company's articles of incorporation and bylaws were amended.
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