NEO has announced that Ceres Acquisition Corp., a newly formed Special Purpose Acquisition Corporation (“SPAC”), has made its Canadian public markets debut on the NEO Exchange, the company said.
Ceres, which closed a USD 120,000,000 initial public offering, began trading its Class A Restricted Voting Units yesterday under the symbol NEO:CERE.UN. To complete a qualifying transaction, Ceres intends to target businesses with a focus on the cannabis and related health and wellness industries, however it is not limited to a particular industry or geographic region.
Ceres is the eighth SPAC to list on NEO and the second SPAC listing of 2020 following the Subversive Real Estate Acquisition REIT LP (NEO:SVX.U), which began trading in January.
Neo Exchange Inc. is a progressive stock market that brings together investors and capital raisers within a fair and transparent environment. Fully operational since June 2015, NEO puts investors first and provides access to trading all Canadian-listed securities on a level playing field. The NEO Exchange lists senior companies and investment products who want a stock exchange that enables investor trust, quality liquidity and broad awareness, including unfettered access to market data. For more information, visit: NEOstockexchange.com
Related Articles