TechMediaBreaks – Canna-Global Acquisition Corp. (NASDAQ: CNGL) Moves to Acquire New Quantum
Canna-Global Acquisition Corp. (NASDAQ: CNGL) (“Canna-Global”), a special purpose acquisition company, recently entered a definitive bid implementation and business acquisition agreement with Sydney-based New Quantum Holdings Pty Ltd., a provider of cutting-edge wealth management all-in-one fintech-as-a-service (“FaaS”). The planned acquisition will result in New Quantum becoming a wholly owned subsidiary of Canna Global and expected listing on the Nasdaq Global Market under the ticker symbol NQH. New Quantum CEO Jong Chung remarked that the transaction will unleash significant value for both companies by allowing New Quantum to offer its all-in-one FaaS in the abundant U.S. market and provide another avenue…