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Plan of Reorganization of APC Telecommunications, and between Propaint Sys., Access Power Canada, Inc

Plan of Reorganization of APC Telecommunications, and between Propaint Sys., Access Power Canada, Inc 2025

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The document is an Agreement and Plan of Reorganization between ProPaint Systems, Inc. and Access Power Canada, Inc., along with the shareholders of Access Power. It outlines the terms for the acquisition of all outstanding shares of Access Power by ProPaint Systems, including the issuance of common and preferred stock as payment. The agreement details conditions for the exchange, representations and warranties from both parties, rights regarding stock conversion, and provisions for indemnification and termination. It also includes specific financial arrangements and governance changes following the transaction.

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