~Via a business combination agreement with Nasdaq-listed Canna-Global Acquisition Corp ~ Transaction values New Quantum Holdings at pro forma enterprise value of $800 million expected to close in the second half of 2023 ~ New York, June 15, 2023 (GLOBE NEWSWIRE) -- Canna-Global Acquisition Corp (“Canna-Global”) (NASDAQ:CNGL), a special purpose acquisition company, today announced the signing of a definitive Bid Implementation and Business Acquisition Agreement with Sydney-based New Quantum Holdi
~ Transaction values New Quantum Holdings at pro forma enterprise value of $800 million ~ ~ New Quantum’s state-of-the-art platform is based on its proprietary Fintech as a Service (“FaaS”) technology ~ ~ New Quantum’s scalable AI-based platform manages investment portfolios efficiently for the financial services industry ~ ~ The global asset management industry hit a high-water mark of $126 trillion of assets under management (AUM), up from 23 percent a decade ago, that is expected to grow to $