uWink Completes Spin-Off Transaction
March 03 2009 - 8:23PM
Business Wire
uWink, Inc. (Pink Sheets: UWKI) announced today that it has
completed the previously announced spin-off of its technology
licensing business. The spin-off company, Tapcode Holdings, Inc.,
through its subsidiary Tapcode, Inc., will operate (and holds all
the intellectual property relating to) the technology licensing
business. Following the spin-off, uWink, Inc. will continue to
operate the uWink interactive restaurant concept.
The spin-off transaction became effective at 11:59 p.m. Eastern
time on February 20, 2009. uWink, Inc. stockholders will receive
one share of Tapcode Holdings, Inc. common stock for each share of
uWink common stock held as of February 13, 2009, which was the
record date for the spin-off transaction.
uWink has distributed an information statement with respect to
the spin-off transaction to stockholders as of the record date. The
information statement contains important information about the
spin-off transaction and Tapcode Holdings, Inc. and stockholders
are urged to read it carefully.
Shares of Tapcode Holdings, Inc. common stock are subject to
significant transfer restrictions intended to prevent public
trading in the shares and can only be transferred in certain
specific limited circumstances set forth in Tapcode Holdings�
Certificate of Incorporation. These transfer restrictions are
described in the information statement distributed to
stockholders.
About Tapcode
The Tapcode technology features an easy-to-use and fun user
interface that looks and feels a lot like browsing the Web and
allows the guest greater control of the hospitality environment.
Running on tabletop or kiosk touch screens, the Tapcode software
lets guests self-order and pay for food and drinks, play single and
multi-player digital games, see movie trailers, take surveys and
quizzes, view and interact with digital promotions and advertising
and more � in all the major languages. Running Tapcode technology
allows the hospitality venue to increase customer satisfaction and
retention as well as improve operating margins and labor
efficiency. For more information: www.tapcode.net.
About uWink
uWink develops and operates an interactive restaurant concept.
uWink is led by entertainment and restaurant visionary Nolan
Bushnell, founder and former CEO of Atari and Chuck E. Cheese
(NYSE: CEC). For more information: www.uwink.com.
This document shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such
jurisdiction.
UWink (CE) (USOTC:UWKI)
Historical Stock Chart
From Jul 2024 to Aug 2024
UWink (CE) (USOTC:UWKI)
Historical Stock Chart
From Aug 2023 to Aug 2024