Superconductor Technologies Inc. and Allied Integral United, Inc. Complete Merger; Company to Rebrand as Clearday

September 7, 2021

Superconductor Technologies Inc. (STI) has completed its previously announced merger with Allied Integral United, Inc. (d/b/a Clearday), with STI changing its name to Clearday, Inc. The transaction implements a reverse stock split and a special dividend of "True Up Shares" as part of the closing to effect the reverse merger and transition the combined company to the Clearday operating platform focused on non-acute longevity care and digital health services.

Buyers
Superconductor Technologies Inc., Allied Integral United, Inc. (d/b/a Clearday)
Targets
Allied Integral United, Inc. (d/b/a Clearday)
Location
Texas, United States
Transaction Type
Buyout

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