{"id":284,"date":"2024-06-28T22:13:59","date_gmt":"2024-06-28T19:13:59","guid":{"rendered":"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/28\/headsup-entertainment-targeted-for-reverse-triangular-merger\/"},"modified":"2024-06-28T22:13:59","modified_gmt":"2024-06-28T19:13:59","slug":"headsup-entertainment-targeted-for-reverse-triangular-merger","status":"publish","type":"post","link":"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/28\/headsup-entertainment-targeted-for-reverse-triangular-merger\/","title":{"rendered":"HeadsUp Entertainment Targeted for Reverse Triangular Merger"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/aqEAyxLLgQE\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A gaming and media enterprise, HeadsUp Entertainment, has been targeted for a reverse triangular merger by a procurement firm. <\/p>\n<p>This type of merger entails the acquiring company forming a subsidiary to take over the targeted company. After the deal is finalized, the targeted company absorbs the subsidiary, culminating in a new company fully owned by the acquiring entity.<\/p>\n<p>HeadsUp, currently trading at $0.069 per share, is considered a &#8220;penny stock.&#8221; The company has indicated that one of the merger&#8217;s objectives is to gain access to a higher-tier exchange.<\/p>\n<p>HeadsUp is currently an over-the-counter security, meaning it&#8217;s not listed on a formal exchange and is traded through a network of brokers.<\/p>\n<p>The market has responded negatively to the news, with the company&#8217;s share price declining 22.7% since trading commenced today.<\/p>\n<p>HeadsUp has been in a &#8220;quiet period&#8221; due to multiple confidentiality agreements. The company has signed several corporate financing agreements to consolidate its assets, including previously announced and upcoming transactions. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A gaming and media enterprise, HeadsUp Entertainment, has been targeted for a reverse triangular merger&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HeadsUp Entertainment: Reverse Merger in the Works?<\/title>\n<meta name=\"description\" content=\"Penny stock HeadsUp Entertainment is in the spotlight as a procurement firm eyes a reverse triangular merger. 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