Ayurcann terminates SPAC deal, citing regulatory filing failures
Canadian cannabis manufacturer Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) terminated its planned business combination with Arogo Capital Acquisition Corp. (NASDAQ: AOGO), a special purpose acquisition company, citing failures to meet key regulatory requirements. The Ontario-based company sent Arogo a termination letter stating the SPAC failed to fulfill covenants related to stock exchange listing and […]
