Cougar Biotechnology Completes Merger
Cougar Biotechnology, Inc. announced the completion of a reverse merger with publicly held SRKP 4, Inc. ("SRKP 4"). The transaction was completed by the merger of a wholly-owned subsidiary of SRKP 4 with Cougar, with Cougar remaining as the surviving company and a wholly-owned operating subsidiary of SRKP 4. SRKP 4 was renamed Cougar Biotechnology, Inc. following completion of the merger.
In consideration for their shares in Cougar, the former Cougar stockholders now hold 100 percent of the resulting company's equity in the same proportion as such stockholders owned of Cougar. Further, the officers and directors of Cougar replaced all of the officers of SRKP 4. The resulting company has adopted and will implement the business plan of Cougar.
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