TRADING QUOTES 8:44 PM January 18, 2022
Business CombinationIPO Terms Details
SPAC name: Canna-Global Acquisition Corp
| CURRENT FUNDS in TRUST: | $233,464,103* |
| EST. PRO RATA AMOUNT IN TRUST: | $10.15* |
| IMPLIED ENTERPRISE VALUE: | 0 |
| RECORD DATE: | TBD |
| SHAREHOLDER VOTE DATE: | TBD |
| Source: SEC.gov filings and SPAC Insider estimates | |
|---|---|
SPAC name: Canna-Global Acquisition Corp
| Total Public Proceeds at IPO ($mm): | 230.0 |
| % Held in Trust: | 101.5 |
| $ Held in Trust per Unit: | $ 10.15 |
| Mgmt's Sector Expertise/Focus: | Cannabis |
| IPO Date: | 2021-11-30 |
| Months to Complete: | 12 |
| Deadline Date: | 2022-12-02 |
| Unit Structure (CNGLU) | |
| Share (CNGL): | 1 Share Class A Common Stock |
| Warrant (CNGLW): | 1 Warrant |
| Right() | |
| Public Warrant Terms: | |
| Exercise Price: | 11.5 |
| Redemption Price: | Cash/Cashless: $18.00 |
| Redemption: Cash, Cashless or for Shares | Mgmt's Discretion |
| Underwriters: | |
| Book-runner(s): | EF Hutton |
| Co-Manager(s): | |
| Fees (Upfront/Deferred): | 1.5%/3.5% |
| Lawyers: | |
| Issuer's Counsel: | Rimon, P.C. |
| Underwriter's Counsel: | Schiff Hardin LLP |
| Additional Terms: | 1. Crescent Term: $9.20 2. Limitation on redemption rights: 15% 3. FS Lock-Up: 6 months after completion or trading at $12.00 for 20/30-day period 4. Can extend 2x for 3 months at $0.15/Share |
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