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(STI) (Nasdaq: SCON), a pacesetter in superconducting innovation, reported it entered into a definitive merger settlement with Allied Integral United, Inc. ("Clearday", a privately-held firm devoted to delivering next generation longevity care and wellness providers, whereby a wholly-owned subsidiary of STI will merge with and into Clearday in a inventory-for-stock transaction with Clearday.
Upon completion of the merger, STI will change its identify to Clearday, Inc. The merged company will give attention to the development of Clearday’s non-residential daily care service model as nicely because the continued operation of Clearday’s present Reminiscence Care America residential reminiscence care amenities.

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