Canna-Global Acquisition Corp
CNGL
Other OTC9.05
USD
- -
- -
ISIN
US13767K1016
CUSIP
13767K101
Return %
Stock
S&P500
1Y
-15.74
18.21
3Y
-15.89
64.38
5Y
-7.93
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- J. Gerald Combs
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4640 Admiralty Way Marina Del Rey CA United States of America 90292
- IPO Date
- Jan 21, 2022
- Website
- canna-global.com
- Similar Companies
- Business
- Canna-Global Acquisition Corp Canna-Global Acquisition Corp (CNGL) is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company focuses its search for targets primarily in the cannabis and cannabinoid industry, with recent interest extending to fintech, natural resources sectors including oil and gas, and ancillary services such as technology, logistics, and compliance solutions; it provides no operational products or services beyond facilitating public listings for private entities through its SPAC structure. Incorporated in 2021 and headquartered at 4640 Admiralty Way, Suite 500, Marina del Rey, California, United States, Canna-Global Acquisition Corp targets high-growth opportunities in dynamic markets while navigating regulatory complexities across jurisdictions. Recent major developments include signing a letter of intent in July 2024 for a $250 million reverse merger with Invest Inc., a Wyoming-based fintech firm offering machine-learning investment platforms, though no definitive agreement or completion has been confirmed as of late 2025. Earlier, the company entered a business combination agreement with New Quantum Holdings Pty Ltd, a Sydney-based fintech, which terminated prior to closing, prompting evaluation of alternative targets. In June 2024, Canna-Global Acquisition Corp amended its certificate of incorporation via a settlement with Liqueous LP involving share retirement and recapitalization, amid Nasdaq delisting proceedings due to unauthorized share issuance violating listing rules; trading shifted to OTC Pink sheets. These changes reflect ongoing efforts to execute a de-SPAC transaction amid regulatory and shareholder challenges.
Canna-Global Acquisition Corp. Announces Signing a Letter of Intent for a Merger with Invest Inc.
Liqueous LP Clarifies False or Misleading Details in Recent Press Releases and SEC Filings related to Canna-Global Acquisition Corp (CNGL)
Announcement from Liqueous LP on Canna-Global Transactions