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

July 12, 2024

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.

Read more at globenewswire.com

Related news for (CNGL)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.