JC Data Solutions, Inc. and TerraData.ai today announced that Terradata.ai has closed its acquisition of JCDS via an all cash merger.
At the effective time of the merger, each share of JCDS common stock was converted into the right to receive $0.0012 in cash.
As a result of the completion of the merger, shares of JCDS will no longer be listed on the OTC markets and JCDS is a private, wholly owned subsidiary of TerraData.ai.
About JC Data Solutions
JC Data solutions has been a leader in the funds and document distribution industry. Their premier service, Payment Manager, has saved Oil & Gas companies thousands and thousands of dollars – all while improving and streamlining their funds distribution process.
About TerraData.ai
Mineral Answers, Inc. (DBA TerraData.ai) is a technology company focused on aggregating real property information to provide models, insights and highly configurable visualizations, specializing in real property, oil and gas and alternative energy information.