General Assembly Holdings Ltd Class A (TSE:GA) has released an update.
General Assembly Holdings Ltd is moving forward with a reverse takeover with CanPR Technology Inc., and has scheduled a shareholder meeting on May 3, 2024, to vote on various resolutions, including auditor appointments, director elections, stock plans, and substantial transactions involving shares for debt. Key resolutions also include a share consolidation, company name change to ‘CanPR Technology’, and relocation of the registered office post-RTO. The company is also addressing a $6.7 million debt through the issuance of shares to creditors, with the aim to settle before the reverse takeover is completed.
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