Nugl Inc. Closes Acquisition Of Kaya Llc, One Of Jamaica’S Leading, Vertically Integrated Medical Cannabis Companies
Acquiring Company
NUGL, INC.
Acquired Company
Kaya Group
ChinoInformation TechnologyCommunity And LifestyleHealth CareFood And BeverageDescription
NUGL Inc. (“NUGL”) (OTC: NUGL), a cannabis-focused, technology-based multimedia platform, announced today it has completed the previously announced acquisition of Kaya, Inc. (“Kaya”) in an all-stock transaction. Kaya shareholders received restricted shares of NUGL, Inc., which were issued pursuant to an exemption from registration provided by Section 4(2) of the Securities Act of 1933 as “Restricted Securities.” The Company has appointed Bali Vaswani, Chairman and CEO of Kaya, as its CEO. CJ Melone, CEO of NUGL Inc., was appointed Chief Operating Officer of the combined companies, with a responsibility to build out the Kaya brand through established partnerships in key markets. NUGL, Inc. is expected to change its name to “Kaya Group Inc.
Quick answer
NUGL, INC. is acquiring Kaya Group, announced April 5, 2022. NUGL, INC. is based in Chino, California, United States.
- How much did NUGL, INC. pay for Kaya Group?
- The deal value was not disclosed.
- What does NUGL, INC. do?
- NUGL is the only cannabis metasearch with equal and unbiased search results.
- Where are NUGL, INC. and Kaya Group based?
- NUGL, INC. is based in Chino, California, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Kaya Group?
Kaya Group was acquired by NUGL, INC., based in Chino. The deal was reported on April 5, 2022. NUGL is the only cannabis metasearch with equal and unbiased search results. We don't sell fake reviews or top spot listings, so our data stays true. NUGL, INC. is privately held and operates in Information Technology.
When did NUGL, INC. acquire Kaya Group?
NUGL, INC.'s acquisition of Kaya Group was reported on April 5, 2022. NUGL Inc. (“NUGL”) (OTC: NUGL), a cannabis-focused, technology-based multimedia platform, announced today it has completed the previously announced acquisition of Kaya, Inc. (“Kaya”) in an all-stock transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kaya Group do?
It is privately held, operating in Community And Lifestyle.
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