Hawkeye Systems Finalizes Terms with IKON Supplies
Thursday, February 25th, 2021
Hawkeye Systems, Inc. (OTCQB: HWKE) is pleased to announce that we have finalized the terms of the purchase of 100% of IKON Supplies. We expect to have a definitive agreement signed in the next seven days, with an anticipated effective date of the transaction to be March 1, 2021. Corby Marshall, CEO of Hawkeye, commented, "The Hawkeye board and management had a great, in-person meeting with the IKON team in Savannah, Georgia and hashed out the final terms. We are super excited about building out our team, increasing our core competencies, as well as expanding our trading and sourcing capabilities with this experienced, seasoned team." Post-acquisition, Hawkeye will form a trading division that will manage PPE and technology sales. "Hawkeye will refocus most of our development efforts on technology-based opportunities, as we were before the pandemic changed the world around us. We also expect to complete other purchases in the PPE space," he added.