Merida Merger Corp. I Plans to Delist From the NEO Exchange


NEW YORK–(BUSINESS WIRE)–As previously announced, Merida Merger Corp. I (NEO: MMK.U) (“Merida”) entered into a definitive agreement for a business combination with Leafly Holdings, Inc. (“Leafly”). As part of the transaction, Merida expects to voluntarily delist from the NEO Exchange (“NEO”) at the close of trading on or about Wednesday, September 1, 2021. Merida will continue to be listed and trade on Nasdaq (NASDAQ: MCMJ). “We appreciate the working relationship we have with NEO and are grateful for the flexibility and professionalism of our partners there,” said Peter Lee, President of Merida. “Our shares will continue to be listed on Nasdaq alongside several of our peers in the ancillary cannabis sector.” About Merida Merger Corp. I Merida is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. About the NEO Exchange The NEO Exchange is a Canadian Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. Additional Information and Where to Find It In connection with the proposed business combination contemplated by the Agreement and Plan of Merger by and among Merida, Merida Merger Sub, Inc., Merida Merger Sub II, LLC, and Leafly (the “Merger Agreement”), Merida intends to file a registration statement on Form S-4 (the “Registration Statement”) that will include a proxy statement of Merida, a prospectus of Merida and a…

Excerpt only …
Source : Merida Merger Corp. I Plans to Delist From the NEO Exchange

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.