ARC Wireless Solutions Inc. (ARCW) announced that it has filed the definitive proxy statement regarding its reverse acquisition by Quadrant Metals Technologies, LLC and simultaneous acquisition of Advanced Forming Technology to create ARC Group Worldwide, Inc., a diversified manufacturing holding company with operations in Colorado, Florida, Pennsylvania, Texas, Minnesota, China and Hungary.
The Annual Meeting of Stockholders of ARC is to be held on August 7, 2012.
ARC is targeting the closing of the Acquisitions for August 8, 2012.
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