July 25 (Reuters) - 22 Capital Corp LFCp.V :
* 22 Capital Corp agrees to qualifying transaction with Ndivision Inc
* 22 Capital - co and ndivision have agreed to complete a transaction that will result in a reverse take-over of 22 capital by shareholders of Ndivision
* 22 Capital Corp- upon completion of transaction expected that shareholders of co will hold approximately 9.7pct of equity of combined entity
* 22 Capital Corp- upon completion of transaction it is expected that purchasers in offering will hold approximately 2.3pct of equity of resulting issuer
* 22 Capital - upon completion of transaction it is expected that former shareholders of Ndivision will hold about 88.0pct of equity of resulting issuer