As Per Usual; WPN's "On Track On Time" Not Happening Today. VANCOUVER, BC , Feb. 16, 2021 /CNW/ - First Responder Technologies Inc. ("First Responder" or the "Company") (CSE: WPN) (OTCQB: WPNNF) (FWB: 3WK), a leading developer of public safety and security technologies, announces the extension of its letter of intent dated November 27, 2020 (the " LOI ") with Airbeam Wireless Technologies Inc. (" Airbeam "). The LOI sets out the basic terms and conditions for the acquisition (the " Acquisition ") by the Company of all of the issued and outstanding common shares in the capital of Airbeam in exchange for common shares in the capital of the Company.
The Company and Airbeam are continuing to work towards completion of a definitive agreement and have agreed to extend the deadline of the LOI to March 15, 2021 . Additional details regarding the LOI and the Acquisition are provided in the Company's press release dated November 30, 2020 , which is available on the Company's SEDAR profile at www.sedar.com . There can be no assurance that the Acquisition will be completed as proposed, or at all.
https://stockhouse.com/news/press-releases/2021/02/16/first-responder-and-airbeam-wireless-technologies-extend-loi-continue-to-work