Dataram finalized acquisition of USGC
Dataram announced that it had finalized and filed the third and final amendment to its definitive agreement with U.S. Gold, or USGC, a U.S. focused gold exploration and development company. Under the agreement, Dataram will acquire all of the outstanding shares of U.S. Gold Corp. and USGC subsidiaries. The original agreement was entered into in June and has been subsequently amended to reflect the successful capital raise by U.S. Gold, the Series D issuance by Dataram and also, the impact of the reverse split. The agreement was filed with the SEC. The transaction is subject to customary closing conditions including regulatory approval and Dataram shareholder approval, and is expected to close by the end of Q1 of FY17.