Feb. 6, 2006 — BioForce Nanosciences Inc. shareholders voted Jan. 27 on a merger with Silver River Ventures Inc. The companies said the merger received formal approval with the substantial majority of shareholders voting in support.
With approvals in place the merger is expected to proceed to a formal closing expected to take place within the next few weeks. In anticipation of the closing, Silver River has changed its name to BioForce Nanosciences Holdings Inc. The companies said that closing the merger marks the initiation of a new round of funding.
BioForce Nanosciences has patented and patent-pending technology and products for ultramicro- and nanoscale placement and patterning of active biomolecules and other materials. The technology is embodied in the NanoArrayer System, a proprietary instrumentation/software platform.