DaySequerra Inc. entered into an agreement to acquire Orban, Inc. on July 8, 2016. Orban will be reorganized into a new DaySequerra subsidiary, Orban Labs Incorporated, and will be located at the DaySequerra facility in New Jersey. All current Orban administration, marketing, sales and product development functions will be transferred to DaySequerra over the next 90 days. The acquisition of Orban by DaySequerra is subject to approval by the shareholders of Circuit Research Labs, Inc. at a meeting scheduled for later on July 2016. DaySequerra Inc. cancelled the acquisition of Orban, Inc. on July 8, 2017.