on Tornado Infrastructure Equipment Ltd. (NASDAQ:TGHLF)
Tornado Infrastructure Equipment Completes Arrangement with Toro Company
Tornado Infrastructure Equipment Ltd. has finalized its plan of arrangement with The Toro Company. As part of this agreement, Tornado Acquisition Company ULC, an affiliate of Toro, acquired all of Tornado's outstanding Class "A" common shares for $1.92 per share. This development marks a significant step for the company as it transitions ownership.
Tornado plans to delist its shares from the TSX Venture Exchange by December 10, 2025, and has applied to cease being a reporting issuer in Alberta, Ontario, and British Columbia. Shareholders seeking assistance with their securities can contact TSX Trust Company for guidance.
R. H.
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