SMTC Adopts Rights Plan to Preserve Valuable Tax Assets Potentially Worth up to $2 per share
TORONTO, June 8 /PRNewswire-FirstCall/ – The Board of Directors of SMTC Corporation (Nasdaq: SMTX, TSE: SMX), a global electronics manufacturing services provider, announced today that the corporation has adopted a tax benefits preservation shareholder rights plan (“rights plan”) designed to protect the Company’s approximately $100 million in U.S. federal net operating loss carry-forwards (NOLs …
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