Gaming Venture Corp USA has signed a merger agreement with SK(2) Inc, a Delaware corporation and parent company of apparel retailer and supplier Kuhlman retail stores.

The agreement is designed as a reverse merger with Kuhlman to be the surviving corporation and an operating subsidiary of Gaming Venture.

Under the agreement, a wholly owned subsidiary of Gaming Venture will merge with and into Kuhlman.

Prior to the closing of the merger Gaming Venture will effectuate a 1-for-5 reverse split and change the name of the company to Kuhlman Company Inc.

Kuhlman chief executive officer and chairman, Scott Kuhlman said: "In the past twelve months Kuhlman has grown from six retail stores to 30, with many other store openings currently in various stages of planning, development and opening".