Resonate Blends Executes a Binding Merger Agreement to Acquire Pegasus Specialty Vehicles
CALABASAS, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- Resonate Blends, Inc. (OTCQB: KOAN) (“Resonate Blends” or the “Company”) is pleased to report it has entered into a definitive Agreement and Plan of Merger (The “Agreement”) to complete an acquisition of Pegasus Specialty Vehicles, LLC (“Pegasus”).
- CALABASAS, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- Resonate Blends, Inc. (OTCQB: KOAN) (“Resonate Blends” or the “Company”) is pleased to report it has entered into a definitive Agreement and Plan of Merger (The “Agreement”) to complete an acquisition of Pegasus Specialty Vehicles, LLC (“Pegasus”).
- The Ohio-based company is an innovative leader in the low-emission and zero-emission electric vehicle (“EV”) and emerging hydrogen fuel cell technology for school buses and specialty vehicles.
- Resonate Blends and Pegasus signed the binding Agreement on June 20, 2023 and will now work towards the closing conditions outlined in this transaction.
- These partners, along with Pegasus, are expected to play pivotal roles in the transformation of school buses and specialty vehicles from traditional diesel to both EV and hydrogen technology vehicles.