Canna-Global Acquisition Corp. Announces Signing a Letter of Intent for a Merger with Invest Inc.

July 12, 2024

https://www.globenewswire.com/news-release/2024/07/13/2912661/0/en/Canna-Global-Acquisition-Corp-Announces-Signing-a-Letter-of-Intent-for-a-Merger-with-Invest-Inc.html

MARINA DEL REY, Calif. and CHEYENNE, Wyo., July 12, 2024 (GLOBE NEWSWIRE) — Canna-Global Acquisition Corp. (“Canna-Global”) (OTC PINK: CNGL) announced today that it has entered into a letter of intent (LOI) for a proposed business combination agreement (the “Transaction”) that will result in Canna-Global acquiring 100% of the outstanding equity of Invest Inc, a Wyoming corporation (the “Company”). This Transaction values the Company at an initial enterprise value of $250 million and will enable the Company to become a publicly traded company in the United States.

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