2011.11.16
Approved Equivalent Document
The Financial Supervisory Authority of Norway (Finanstilsynet) has approved the Equivalent Document dated 15 November 2011 prepared by Nio Security, Inc.
Reference is made to the stock exchange notices on 19 and 21 October 2011, regarding Nio Security, Inc.’s share purchase agreement to acquire the company controlling the www.ziinga.com entertainment shopping site.
This Equivalent Document has been prepared by Nio Security, Inc. in order to provide information about the company and its business in connection with the acquisition of Flamingo Intervest Limited with settlement in New Shares and Additional Shares to be issued by Nio, and listing of the New Shares and Additional Shares on Oslo Børs. This Equivalent Document does not constitute an offer to sell, or a solicitation of an offer to buy, any of the shares or other securities issued by Nio Security, Inc.
The completion of the share purchase agreement is subject to due diligence review and board approval, and the acquisition is expected to be completed by the end of November 2011. If the due diligence is not satisfactory, the Board may resolve not to complete the acquisition.
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