CRB Monitor Securities Database Updates
During the week of Monday October 4, 2021, CRB Monitor’s research team made several updates to securities’ information and added source documents & relevant news articles to the CRB Monitor database. Here is a summary of the updates for the Week of Monday October 4, 2021:
|
Tier |
Total # |
Active / Inactive |
Added |
Removed |
Net Change |
|
Tier 1A |
103 |
85 / 18 |
+0 |
-0 |
+0 |
|
Tier 1B |
682 |
579 / 103 |
+0 |
-0 |
+0 |
|
Tier 2 |
348 |
323 / 25 |
+4 |
-12 |
-8 |
|
Tier 3 |
534 |
518 / 16 |
+1 |
-20 |
-19 |
|
Total Issuances |
1,667 |
1,505 / 162 |
+5 |
-32 |
-27 |
|
Total Issuers |
1,380 |
- |
+3 |
-32 |
-29 |
Tier 2/3 Review: During the month September, CRB Monitor's research team reviewed all Tier 2 and Tier 3 CRBs to see if their tiering categorization was still accurate.
- Added 4 Tier 2 Securities and Removed 12 Tier 2 Securities
- +1 = New CRB ("Better For You Wellness Inc.")
- +3 = New CRB ("890 5th Avenue Partners, Inc.") - Has 3 Issuances (Common, Warrant & Unit)
- -12 = Removed from Database & Added to Watchlist (from Tier 2/3 Review)
- Added Thirteen Tier 3 Securities & Removed Eleven Tier 3 Securities
- +1 = New CRB ("LiveOne, Inc.")
- -20 = Removed from Database & Added to Watchlist (from Tier 2/3 Review)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Sector |
Description |
|
|
2 |
SPAC |
890 5th Avenue Partners is a special purpose acquisition company that specializes in converging technology, media, and telecommunications opportunities. It entered into an agreement to acquire BuzzFeed Inc., the world's leading tech-powered, diversified media company, and Complex Networks, a leading global youth network. Per its own admission, BuzzFeed and Complex Networks collect revenue from advertisements relating to cannabis. The cannabis-related advertisements on both BuzzFeed's and Complex Networks' platforms follow state and local laws. |
|
|
|
2 |
SPAC |
Better For You Wellness is a blank-check company that is exploring and evaluating various business opportunities in the plant-based food, beverage, and consumer packaged goods. It is vetting about 15 potential acquisition targets, which would range in size from less than $1 million to $15 million. Per its own admission, "CBD (cannabidiol) might be in the mix, but the scope is the broader health, nutrition and wellness market." |
|
|
|
3 |
Media & Publishing |
LiveOne is engaged in acquisition, distribution and monetization of live music events, internet radio, podcasting/vodcasting and music-related subscription, streaming and video content. Live One secured the exclusive sales and distribution rights for B-Real's Dr. Greenthumb, a cannabis-themed podcast. |
|