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TSR’s Strategic Merger Leads to Major Corporate Overhaul
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TSR’s Strategic Merger Leads to Major Corporate Overhaul

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TSR (TSRI) just unveiled an update.

As of June 28, 2024, a significant merger was finalized, leading to key changes in a company’s management and market presence. The company ended its 2020 Equity Incentive Plan and its credit agreement with Access Capital. Trading of the company’s shares is expected to halt on July 1, 2024, with steps taken to delist and deregister the shares from the Nasdaq. Post-merger, new directors were appointed, with no conflict cited as the reason for the previous directors’ departure. Additionally, the company’s certificate of incorporation and by-laws were fully revised. All these developments were accompanied by a press release from the Parent company.

Learn more about TSRI stock on TipRanks’ Stock Analysis page.

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