The announcement we have been waiting for. Here is my overview:
Company Strategy
333D has been established with a clear strategy to become Australia’s leading integrated multiplatform 3D printing company. 333D’s 3D printers are entirely owned, designed and built in Victoria, Australia. 333D understands the enormous potential of this technology, and the extraordinary opportunity it has to re-engineer the way industries operate. This revolutionary technology enables the creation of products that could never have been made before, changing the entire dynamics of design and development. 333D believes that this technology will create new business and industry opportunities that previously didn’t exist. Australia is perfectly positioned to participate in this new manufacturing paradigm, and 333D intends to be the market leader and showcase Australia’s skills and manufacturing excellence to the world.
A clear defined strategy focused on being a market leader in a developing industry both locally and globally!
Completion Conditions
There are still numerous conditions as part of the proposed transaction which include DD completion, an IER with regard to any forecoming proposed takeover, creditors approval regarding the DOCA and of course the capital raising.
Proposed Timeline - Key Dates
Prospectus - 26 August 2015 (looking forward to this document in particular the IER).
Shareholder meeting and suspension of trading - 22 September 2015
Reinstatement as new trading entity - 7 October 2015
GLTA. DYOR. Look forward to further announcements and more importantly staying true to the proposed timetable.
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- Ann: OZB Executes Share Sale Agreement to Acquire 333D Pty Ltd
Ann: OZB Executes Share Sale Agreement to Acquire 333D Pty Ltd, page-3
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