Sigma Additive Solutions Completes Quality Assurance Software Asset Sale to Divergent Technologies [Yahoo! Finance]
Sigma Additive Solutions, Inc. (SASI)
Company Research
Source: Yahoo! Finance
SANTA FE, NM / ACCESSWIRE / January 16, 2024 / Sigma Additive Solutions, Inc. (NASDAQ:SASI) ("Sigma", "we," "our," or the "Company") today announced it has closed the sale of intellectual property assets related to its additive quality assurance product to Divergent Technologies, Inc. in conjunction with its recent acquisition of NextTrip Holdings, Inc. ("NextTrip"). On October 6, 2023, Sigma entered into an Asset Purchase Agreement with Divergent Technologies to sell certain Sigma assets, consisting primarily of patents, software code and other intellectual property, to Divergent Technologies for a purchase price of $1.6 million with the closing expected subsequent to the acquisition of NextTrip. The acquisition, which was first announced in October 2023, closed on December 29, 2023, at which time NextTrip became a wholly owned subsidiary of the Company. The combination of the acquisition and sale of assets was targeted to maximize shareholder value, using the proceeds to eliminat
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SASI
News
- Sigma Additive Solutions, Inc. Announces Transition to NextTrip, Inc. [Yahoo! Finance]Yahoo! Finance
- Sigma Additive Solutions, Inc. Announces Transition to NextTrip, Inc.Accesswire
- Sigma Additive Solutions Announces Special Meeting of Stockholders to Approve Name Change to NextTrip, Inc. and Amendment to Charter to Increase Authorized Shares of Common Stock [Yahoo! Finance]Yahoo! Finance
- Sigma Additive Solutions Announces Special Meeting of Stockholders to Approve Name Change to NextTrip, Inc. and Amendment to Charter to Increase Authorized Shares of Common StockAccesswire
SASI
Earnings
- 11/13/23 - Beat
SASI
Sec Filings
- 3/12/24 - Form 8-K
- 3/6/24 - Form D
- 3/1/24 - Form 8-K
- SASI's page on the SEC website