Nasdaq Halts Canna-Global Acquisition Corp

Rhea-AI Summary

Nasdaq (NDAQ) has changed the trading halt status of Canna-Global Acquisition Corp (CNGL, CNGLU, CNGLW) to 'additional information requested.' Trading was initially halted on June 27, 2024, at 16:45:36 Eastern Time for 'news dissemination.' The last sale prices were $10.45 (CNGL), $10.99 (CNGLU), and $0.0105 (CNGLW). Trading will remain halted until Canna-Global provides the requested information. For more details, visit Nasdaq's website or use InfoQuotesSM under the company's symbol.

Positive

• None.

Negative

• Trading halt on Canna-Global Acquisition Corp due to 'news dissemination' and further information request may indicate potential uncertainty or undisclosed issues.
• Extended trading halt could lead to investor concerns and potential stock volatility upon resumption.

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market^® (Nasdaq: NDAQ) announced that the trading halt status in Canna-Global Acquisition Corp (Nasdaq: CNGL, CNGLU and CNGLW) was changed to “additional information requested” from the company. Trading in the company’s stock had been halted on June 27, 2024 at 16:45:36 Eastern Time for "news dissemination” at a last sale price of $10.45 (Nasdaq: CNGL), $10.99 (Nasdaq: CNGLU), and $0.0105 (Nasdaq: CNGLW).

Trading will remain halted until Canna-Global Acquisition Corp has fully satisfied Nasdaq’s request for additional information.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotes^SM on the Nasdaq^® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

Nasdaq Media Contact:

Sophia Weiss
sophia.weiss@nasdaq.com

NDAQO

FAQ

Why did Nasdaq halt trading of Canna-Global Acquisition Corp (CNGL)?

Nasdaq halted trading of Canna-Global Acquisition Corp (CNGL, CNGLU, CNGLW) on June 27, 2024, for 'news dissemination' and has requested additional information from the company.

What were the last sale prices of Canna-Global Acquisition Corp before the Nasdaq trading halt?

The last sale prices before the halt were $10.45 for CNGL, $10.99 for CNGLU, and $0.0105 for CNGLW.

When will Nasdaq resume trading of Canna-Global Acquisition Corp (CNGL)?

Nasdaq will resume trading of Canna-Global Acquisition Corp once the company has fully satisfied Nasdaq’s request for additional information.

How can investors get more information on Canna-Global Acquisition Corp during the Nasdaq trading halt?

Investors can get more information by contacting Canna-Global directly or checking under the company’s symbol using InfoQuotesSM on the Nasdaq website.