Maksim Labkouski
- Canna-Global Acquisition (OTC:CNGL) and Invest Inc., a financial technology company, entered into a letter of intent for a proposed business combination, acquiring 100% of Wyoming-based Invest Inc.’s outstanding equity, valued at $250 million, and enabling the company to become a publicly traded US company.
- This strategic move aims to capitalize on mutual strengths and expand market presence for both entities.
- The collaboration between the two entities aims to leverage their combined expertise and resources to achieve mutual growth and market expansion.
- The completion of the deal is contingent on several factors.
- Upon reaching a definitive pact, the parties shall disclose additional details regarding the proposed transaction.