Trident, a private company, effects a reverse takeover of Andor using a triangular amalgamation rather than a plan of arrangement

Although most public company mergers these days utilize plans of arrangments, uncooperative minority shareholders can also be carried along on the closing date by using a triangular amalgamation without a plan of arrangement (if there is no need to be exempted from US registration requirements by the 3(a)(10) rule).  This is what is proposed in the proposed reverse takeover of Andor, a TSX-V listed micro-cap company, by Trident, a private company.  This transaction effectively is a back-door listing of Trident (which is what Andor will be called after the amalgamation).

Neal Armstrong.  Summary of Andor Circular under Mergers & Acquisitions - Triangular amalgamations.