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More companies

CANNA-GLOBAL ACQUISITION CORP. (CNGLU)

Sector - SPAC

Price chart

-100%
Return from IPO

Last SPACs News

IPO Profile

About company

They are a newly organized blank check company. While they may pursue a business combination target in any business, industry or geographic region, they intend to focus their search on businesses in the cannabis industry that are compliant with all applicable laws and regulations within the jurisdictions in which they are located or operate and, in particular, they will not invest in, or consummate a business combination with, a target business that they determine has been operating, or whose business plan is to operate, in violation of U.S. federal laws, including the U.S. Controlled Substances Act. Moreover, they expressly disclaim any intent to and will not consummate a business combination with a target business located in China or Hong Kong. They intend to identify and acquire a business that could benefit from a hands-on owner with extensive operational experience in the cannabis sector that presents potential for an attractive risk-adjusted return profile under their stewardship. Even fundamentally sound companies can often under-perform their potential due to underinvestment, over-levered capital structures, excessive cost structures, incomplete management teams and/or inappropriate business strategies. Their management team has extensive experience in identifying and executing acquisitions across any asset sectors.
Industry
Blank Checks
CEO CFO
-
Employees Founded
0 2021

Contacts

Address: 4640 Admiralty Way, Suite 500 Marina Del Rey, California 90292

Telephone: 310-496-5700

Web page:

IPO information

First Trade Date 11/30/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)

Shares & Volumes

Shares Initial (MM) 20
Shares Revised (MM) 20
Expected offer amount (MM) $200
Realized offer amount(MM) $200

Financial Data (last reporting year)

Market Cap (MM) $257.63
Revenues (MM) $0
Net Income (Loss) (MM) $0

Voting

What do you think will happen with the CNGLU share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

Number of votes: img
Underwriters
EF Hutton
CO-Managers
-