Announcement from Liqueous LP on Canna-Global Transactions

Written by Customer Service on . Posted in Mergers And Acquisitions.

DOVER, Del., July 01, 2024 (GLOBE NEWSWIRE) — Liqueous LP announced today that it is working with Canna-Global Acquisition Corp. (NASDAQ: CNGL) to address Canna-Global’s invalid issuance of Class A common stock to Liqueous LP. When Liqueous acquired the shares, Canna-Global represented in writing that the shares were duly and validly issued, and Liqueous relied on those representations, which Liqueous now understands may be inaccurate.

Liqueous intended to acquire the Canna-Global shares in exchange for the extinguishment of certain debts of Canna-Global, which Liqueous acquired from third parties with the consent of Canna-Global. The extinguishment of such debt provided substantial financial benefits to Canna-Global and its stockholders.

Liqueous intends to continue to work diligently with all relevant parties to resolve the matter.

Liqueous LP is a premier multi-strategy fund that delivers bespoke liquidity solutions to micro, small, and mid-market issuers through the integration of emerging technologies. Specializing in sophisticated, tech-driven financial structures and trading, Liqueous optimizes risk evaluation and streamlines transaction processing.

Liqueous LP
8 The Green, #15337
Dover, DE 19901
info@liqueous.com
https://www.liqueous.com

Disclaimer: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Liqueous LP assumes no obligation to update any forward-looking statements as a result of new information, future events, or otherwise, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.