CRB Monitor Securities Database Updates
During the week of June 24 - 30, 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 June 24 - 30, 2024:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
146 |
121 / 23 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
710 |
559 / 149 / 2 |
+4 | -0 | +4 |
|
Tier 2 |
314 |
294 / 15 / 5 |
+0 | -0 | +0 |
|
Tier 3 |
482 |
454 / 27 / 1 |
+0 | -0 | +0 |
|
Total Issuances |
1,652 |
1,428 / 214 / 10 |
+4 | -0 | +4 |
|
Total Issuers (w/o Pre-IPOs) |
1,240 |
- |
+2 | -0 | +2 |
|
Total Issuers (w/ Pre-IPOs) |
1,250 |
- |
+2 | -0 | +2 |
Added 4 Tier 1B Securities:
- +3 = New CRB: (“Arogo Capital Acquisition Corp.”) - 1 Issuer with 3 Issuances (1 Common, 1 Warrant & 1 Unit)
- +1 = New CRB: (“Simply Solventless Concentrates Ltd.”)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
| 1B | Yes | Owner/ Investor | Arogo Capital Acquisition Corp. is a blank check company. Arogo aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. Arogo entered into a definitive business combination agreement dated June 26, 2024 with publicly-traded Tier 1B CRB “Ayurcann Holdings Corp.” Ayurcann is a Canadian cannabis extraction company. Both Ayurcann and Arogo will become direct, wholly owned subsidiaries of the post-business combination publicly traded entity. The transaction is expected to close in the second half of 2024. | |
| 1B | Yes | Owner/ Investor | Simply Solventless Concentrates Ltd. provides pure, potent, terpene-rich solventless concentrates to discerning cannabis consumers. The company serves the recreational, medical, and business-to-business cannabis markets in Canada. On June 25, 2024, Simply Solventless entered into an agreement to acquire 100% of private Tier 1A “CannMart Inc.”, a licensed subsidiary of publicly-traded Tier 1B “Lifeist Wellness Inc.” CannMart operates a B2B wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards. No excepted closing date was provided. |