China Yibai acquires cleaning services firm TidyCall

  • China Yibai United Guarantee International Holding (OTCPK:CBGH) stated Thursday it has signed definitive agreement to acquire TidyCall in a reverse takeover transaction.
  • TidyCall is a Canadian company that provides on-demand cleaning and house keeping services.
  • The transaction comes at share exchange agreement on 1:1 basis, after giving effect to a reverse stock split on the basis of 1:10 shares, report.
  • Upon closing, TidyCall would become the 75% controlling shareholder of CBGH and will be listed as Infinittek Holdings, told CEO and President Willie Hsu. 
  • Press Release

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