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Water Now, Inc. Announces Revised Record Date and Sets Date for Special Meeting of Stockholders for Sale of Substantially All of Its Assets for $30.0 Million

Written by Customer Service on . Posted in Public Companies.

Fort Worth, TX, Sept. 29, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Water Now, Inc. (OTC QB: WTNW) today announced that the Special Meeting of Stockholders to, among other things, approve the sale of substantially all of its assets to RigMax H20, LLC for a total purchase price of $30.0 million in cash, subject to certain adjustments and credits, has been set for November 25, 2020. The meeting will be held at 10:00AM Central time at the offices of the company located at 5000 South Freeway, Suite 110, Fort Worth, Texas 76115. 
Stockholders of record at the close of business on October 9, 2020 will be entitled to vote at the Special Meeting.The sale is subject to certain customary closing conditions and approval from our stockholders. The transaction is targeted to close on the date of the Special Meeting of Shareholders.About Water Now, Inc.Water Now, Inc. headquartered in Fort Worth, Texas, is engaged in the business of providing water purification solutions. For additional information about Water Now, Inc., please visit our website at http://www.waternowinc.com.

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