Company to Deregister with the SEC; Common Stock to be Withdrawn from Trading on OTC
WASHINGTON, April 18, 2019 (GLOBE NEWSWIRE) — Determine, Inc. (OTCQB: DTRM) (the Company) today announced that its Board of Directors has determined that since the Company has now completed the sale of substantially all of the assets of the Company to Corcentric, Inc., it is in the best interest of the Company and its stockholders to effect the winding up, liquidation and dissolution of the Company and distribute the net cash proceeds of the sale to its stockholders as soon as practicable after provision for the Companys existing obligations. The Boards decision was based on a number of factors, including the significant cost savings to be obtained b…
Read the full article at: https://globenewswire.com/news-release/2019/04/18/1806871/0/en/Determine-Inc-Announces-Winding-Up-Liquidation-and-Dissolution.html
