General Assembly Holdings Ltd Class A (TSE:GA) has released an update.
General Assembly Holdings Ltd. has successfully completed the sale of its Legacy Subsidiaries to Timothy Nye for a nominal sum of $1.00, reflecting their negative equity and capital challenges. Shareholders approved the deal without dissent at the recent annual general meeting. Following this transaction, the company is set to proceed with a reverse take-over with CANPR, with SubCo being its only remaining subsidiary.
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