Canna-Global Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CNGLU” Tuesday, November 30.
The new SPAC intends to focus its search on target business addressing a large market opportunity with a company that is driving its growth in the medicinal cannabis or cannabinoid industry, which is compliant with all applicable laws and regulations within the jurisdictions in which it is located or operates. Canna-Global is led by CEO J. Gerald Combs, CFO George Yap, Chairperson of the Board’s Compensation Committee and Member of the Board’s Audit Committee Thavaraj Subramaniam, Chairperson of the Board’s Governance and Nomination Committee Dr. Wian Stander, Chairperson of the Board’s Audit Committee and Member of the Board’s Compensation Committee Peng Kong, and Member of the Board’s Governance and Nomination Committee and Compensation Committee Kah Yong Tham.
Total SPAC deal count for 2021 year-to-date is now 560. This offering is expected to close on Thursday, December 2.
EF Hutton, a division of Benchmark Investments, LLC, is acting as the sole book-running manager for the offering. Rimon P.C. is serving as Issuer’s Counsel with Schiff Hardin LLP serving as Underwriter’s Counsel. MaloneBailey, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
At the SPAC of Dawn Equities and crypto trading platform eToro has at long last priced its IPO and it is expected to begin trading later today have secured a debut price at $52, above its $46-to-$50 range. This price still values the company at about $4.2 billion, which is less than half of the...
Churchill Capital Corp X (NASDAQ:CCCXU) announced the pricing of its upsized $360 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCCXU”, Wednesday, May 14, 2025. The new SPAC aims to conduct a broad search for a business combination target leveraging its teams existing network and expertise. Churchill...
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At the SPAC of Dawn Investors are set to get an update on Core CPI inflation readings this morning as de-SPACs continue to report on operational advances alongside their first quarter earnings. Among them, eVTOL developer Archer (NYSE:ACHR) noted that it is on track to deliver its first Midnight aircraft to the UAE in the...
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