CRB Monitor Securities Database Updates
During the week of April 1 - 7, 2024, CRB Monitor’s research team made several updates to securities’ information and added source documents & relevant news articles to the CRB Monitor database.
Summary of the updates for the Week of April 1 - 7, 2024:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
146 |
121 / 23 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
706 |
555 / 149 / 2 |
+0 | -0 | +0 |
|
Tier 2 |
322 |
302 / 15 / 5 |
+0 | -1 | -1 |
|
Tier 3 |
487 |
459 / 27 / 1 |
+0 | -0 | +0 |
|
Total Issuances |
1,661 |
1,437 / 214 / 10 |
+0 | -1 | -1 |
|
Total Issuers (w/o Pre-IPOs) |
1,249 |
- |
+0 | -1 | -1 |
|
Total Issuers (w/ Pre-IPOs) |
1,259 |
- |
+0 | -1 | -1 |
Removed 1 Tier 2 Security:
- -1 = Discarded Business Record from Database: (“Ridgedale Holdings Inc.”)
- Rationale = Ridgedale Holdings Inc. was a publicly-traded shell company seeking to create value for its shareholders by merging with another entity with experienced management and opportunities for growth. Ridgedale Holdings’ intent was to “become a national or internationally branded cannabis cultivation company, or otherwise engage in the cannabis industry.” However, no potential merger candidate was identified, and the company’s security was delisted. As a result, the company is now private. This is a business without any connection to (1) a cannabis license/"plant-touching" operation, (2) a Tier 1 CRB, and/or (3) a publicly-traded CRB. Therefore, this business no longer qualifies for inclusion.
- Rationale = Ridgedale Holdings Inc. was a publicly-traded shell company seeking to create value for its shareholders by merging with another entity with experienced management and opportunities for growth. Ridgedale Holdings’ intent was to “become a national or internationally branded cannabis cultivation company, or otherwise engage in the cannabis industry.” However, no potential merger candidate was identified, and the company’s security was delisted. As a result, the company is now private. This is a business without any connection to (1) a cannabis license/"plant-touching" operation, (2) a Tier 1 CRB, and/or (3) a publicly-traded CRB. Therefore, this business no longer qualifies for inclusion.
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
|
N/A |
N/A | N/A | N/A | N/A |