Client work
Published19 December 2024
Cizzle Brands Corporation announces closing of reverse takeover transaction
On December 19, 2024, Cizzle Brands Corporation ("Cizzle" or the "Company") (CBOE CA : CZZL), Cizzle Brands Ltd. (the "Acquiror") and a wholly owned subsidiary of the Company completed a business combination under which the Company acquired all of the issued and outstanding securities of the Acquirer in exchange for an equal number of securities of the Company. The transaction resulted in a reverse takeover of the Company with the former shareholders of the Acquirer holding roughly 99% of the Company’s voting securities.
The Company's common shares subsequently began trading on Cboe Canada Inc. under the symbol "CZZL" on December 30, 2024.
Cizzle Brands Corporation operates in the health and wellness sector, focusing on providing healthier alternatives to conventional foods and beverages.
Gowling WLG advised the Acquirer on this transaction with a team led by Peter Simeon, which included Lee Sykes, Ashley Andaya and Derek Varrin.
The Company's common shares subsequently began trading on Cboe Canada Inc. under the symbol "CZZL" on December 30, 2024.
Cizzle Brands Corporation operates in the health and wellness sector, focusing on providing healthier alternatives to conventional foods and beverages.
Gowling WLG advised the Acquirer on this transaction with a team led by Peter Simeon, which included Lee Sykes, Ashley Andaya and Derek Varrin.
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