March 2 (Reuters) - Prospect Park Capital Corp PPK.V :
* PROSPECT PARK CAPITAL ANNOUNCES PROPOSED NEW INVESTMENT
* PROSPECT PARK CAPITAL CORP - ENTERED INTO DEFINITIVE AGREEMENT DATED MARCH 1, 2021 WITH DIITALK COMMUNICATIONS AND PPK ACQUISITION CORP., UNIT OF CO
* PROSPECT PARK CAPITAL CORP - CO ACQUIRING ALL OF ISSUED AND OUTSTANDING SECURITIES OF DIITALK
* PROSPECT PARK CAPITAL CORP- DIITALK AND PPK ACQUISITION CORP. WILL AMALGAMATE WITH AMALGAMATING CORPORATION (TO BE NAMED DIITALK COMMUNICATIONS INC)
* PROSPECT PARK - IN CONSIDERATION FOR AMALGAMATING WITH PPK ACQUISITION CORP., SHAREHOLDERS OF DIITALK WILL RECEIVE OF 15 MILLION COMMON SHARES OF CO
* PROSPECT PARK-HOLDERS OF CONVERTIBLE SECURITIES OF DIITALK WILL RECEIVE WARRANTS OF CO EXERCISABLE FOR ABOUT 95,088 CO'S COMMON SHARES AT $0.25/SHARE