CRB Monitor Securities Database Updates
During the week of August 12 - 18, 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 August 12 - 18, 2024:
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
Tier 1A |
146 |
121 / 23 / 2 |
+0 | -0 | +0 |
Tier 1B |
707 |
556 / 149 / 2 |
+0 | -0 | +0 |
Tier 2 |
307 |
288 / 14 / 5 |
+0 | -4 | -4 |
Tier 3 |
478 |
450 / 27 / 1 |
+0 | -1 | -1 |
Total Issuances |
1,638 |
1,415 / 213 / 10 |
+0 | -5 | -5 |
Total Issuers (w/o Pre-IPOs) |
1,229 |
- |
+0 | -2 | -2 |
Total Issuers (w/ Pre-IPOs) |
1,239 |
- |
+0 | -2 | -2 |
Removed 4 Tier 2 Securities:
- -4 = Discarded Business Record: (“Ackrell SPAC Partners I Co.”) - 1 Issuer with 4 Issuances (1 Common, 1 Warrant & 2 Units)
- Rationale = Ackrell SPAC Partners I Co. was a U.S.-based blank check company/SPAC which sought to complete a qualifying transaction. Ackrell planned to enter the cannabis industry with a focus on hemp-derived consumer goods, particularly beverages and wellness products. However, Ackrell failed to complete a qualifying transaction and was delisted from NASDAQ. 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.
Removed 1 Tier 3 Security:
- -1 = Discarded Business Record: (“Ngen Technologies Holdings Corp.”)
- Rationale = Ngen Technologies Holdings Corp. was a U.S.-based holding company which developed/marketed biomedical scanning systems and 3D mobile displays. Ngen previously entered into an agreement to acquire a private U.S.-based electronic cigarette and vaporizer company which also distributed cannabidiol (CBD) products. However, the company's security has been revoked/delisted and it no longer trades. 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 |