S-ACQUISITION CORP COMMENCES TENDER OFFER OF ASTRA LOGICS, INC.

New York, 2017-May-02 — /EPR Network/ — S-Acquisition Corporation is today commencing its tender offer for all 10,000,000 shares of Second Round financing of Common Stock of Astra Logics Inc., Hong Kong, at a price of US$7.00 per share, payable in cash. The offer, which has been unanimously approved and recommended by Astra Logic’s Board of Directors is being made pursuant to the agreement between the two companies.

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