HWKE - Hawkeye Systems to acquire 51% stake in IKON Supplies

Hawkeye Systems (HWKE) has signed a Letter of Intent ((LOI)) to acquire 51% of IKON Supplies and an option to purchase the remaining 49% interest,IKON Supplies is an FDA a3nd CDC registered global trading company specializing in Personal Protective Equipment ((PPE)) supply chain management. Corby Marshall, CEO of Hawkeye Systems stated, "Over the past year, we have worked closely with IKON management as partners on a variety of successful procurement transactions. During this time, we witnessed firsthand the power of their supply chain relationships combined with their significant ability to drive and sustain long-term growth, evidenced by IKON's multiple long-term supply contracts expected to drive exponential value for Hawkeye upon consolidation in Q1 2021. We look forward to adding notable industry-leading management as we continue our focus on realizing long-term shareholder appreciation."

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Hawkeye Systems to acquire 51% stake in IKON Supplies