Benzinga · Dec 1, 2021
Cannabis SPAC Canna-Global Prices NASDAQ IPO At $200M
Canna-Global Acquisition Corp (NASDAQ: CNGLU) reported Monday that it priced its initial public offering of $200 million, consisting of 20 million units at $10.00 per unit. The units, listed on the Nasdaq Global Market, started trading Tuesday, November 30, 2021, under the ticker symbol "CNGLU". Each unit consists of one share of the Company's Class A common stock and one redeemable warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants ...
