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Dallas company looking to purchase Seventh Knight via stock swap

VICKSBURG — Fusion-Q of Dallas, Texas, has made a tender offer to acquire the shares of Seventh Knight Inc.

Under the terms, Fusion-Q has tendered an offer to acquire Seventh Knight with Fusion-Q preferred stock in exchange for the 9,674,403 shares of common stock outstanding stock of Seventh Knight. Thereafter, each Fusion-Q preferred share would be convertible into one share of restricted and unregistered All-Q-Tell common stock at $4.86 per share.

Fusion-Q Corporation is a wholly owned subsidiary of ALL-Q-TELL, a security and intelligence technology company that delivers technology solutions to government and commercial organizations. Vicksburg-based Seventh Knight is a provider of information technology security and management solutions to agencies in the intelligence, defense, homeland security and cyber domains.

According to Fusion-Q, in 2010 Seventh Knight’s patents and proprietary technology were evaluated by CONSOR, an independent intellectual asset management evaluator, which placed a future value of $297 million for Seventh Knight’s patents and technology.


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