Medtainer (now Advanced Container Technologies) Acquires Advanced Container Technologies, Inc. via Share Exchange

October 9, 2020

On October 9, 2020 Medtainer, Inc. completed an exchange agreement with California-based Advanced Container Technologies, Inc. (ACT) under which ACT shareholders exchanged their ACT shares for 50,000,000 shares of Medtainer, making ACT a wholly owned subsidiary. Following the transaction Medtainer changed its corporate name to Advanced Container Technologies, Inc. and agreed that ACT holds an exclusive U.S. distributorship for GP Solutions’ insulated, food-grade grow-container products.

Buyers
Medtainer, Inc. (renamed Advanced Container Technologies, Inc.)
Targets
Advanced Container Technologies, Inc.
Sellers
Shareholders of Advanced Container Technologies, Inc.
Industry
Agriculture
Location
California, United States
Transaction Type
Buyout

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