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Mace Security International, Inc. Finalizes Merger to Go Private

Mace Security International, Inc. has completed its merger with W Electric Intermediate Holdings, LLC. This merger, outlined in an agreement dated October 12, 2024, led to Mace Security becoming a private entity wholly owned by W Electric. As a result, Mace shares will no longer be listed on the OTC QB Market from December 6, 2024.

The merger involved Mace Merger Sub, Inc. merging into Mace Security International, with the latter surviving the merger. Shareholders will receive $0.015777 per share in cash, excluding interest, along with potential additional consideration. Equiniti Trust Company, LLC has been appointed to distribute necessary documents to facilitate the payment process to the shareholders.

Shareholders in possession of shares through brokers or other nominees are advised to contact them for details regarding their respective payments.

R. P.

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