General Assembly Holdings Ltd Class A (TSE:GA) has released an update.
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General Assembly Holdings Ltd, known as GA Pizza, has announced a definitive merger agreement with CanPR Technology Inc., which will result in a reverse takeover and a significant change of business for the company. The deal, pending approvals, will see CanPR shareholders owning 90.9% of the merged entity, which will operate under the CanPR name and continue as a Tier 2 Technology Issuer on the TSXV. The agreement includes a share consolidation, creation of new control persons, and a series of pre-closing transactions to streamline the company’s structure.
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