Canna-Global Acquisition Corp
No Longer Reporting
The company has not filed an annual or quarterly report since its Q1 FY2024 10-Q, filed Jun 7, 2024. Its latest SEC filing is a SCHEDULE 13G/A from Oct 7, 2026.
10-Q for Q1 FY2024, filed Jun 7, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Seeks to combine with a business, drawing on management’s network to identify a target in any industry or region, with a stated focus on cannabis opportunities.
10-K for FY2023, filed Apr 16, 2024We are an early stage blank check company incorporated in April 2021 as a Delaware corporation whose business purpose is to effect an…View ↗
We seek to create compelling stockholder value by leveraging the track record, strong network, and complementary experience of our…View ↗
Our management team has been communicating with their networks of relationships to articulate the parameters for our search for a target…View ↗
Given the rapid and continued growth of the legal cannabis market, management believes that the ability to move quickly to capitalize on…View ↗
How Did They Make Money?
No revenue was reported.
10-K for FY2023, filed Apr 16, 2024
How Were They Changing?
- Net income
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Sources
10-Q for Q1 FY2024, filed Jun 8, 2024
−$121.4KView ↗
- ▲ +112% (Loss)
- vs −$57.4K in Q1 FY2023
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Jul 5, 2024
The company decided not to appeal Nasdaq’s delisting determination
Nasdaq is expected to file a notice delisting its securities; the company expects its securities to be quoted on an over-the-counter market.
Sources
8-K, filed Jul 5, 2024
As previously reported on Form 8-K dated July 1, 2024, Canna-Global Acquisition Corp. (NASDAQ: “CNGLU”, “CNGL”, CNGLW”) (the “Company”)…View ↗
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Jun 27, 2024
The company issued shares to settle a deferred underwriting fee
It agreed to issue 1,544,531 shares to Liqueous, which purchased the $8,050,000 debt for $1,250,000; 724,000 shares were sold into the market.
Sources
8-K, filed Jun 27, 2024
In connection with the Agreement and with the consent of the Company, Liqueous entered into a debt purchase agreement, on June 21, 2024…View ↗
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