Akanda Corp. Announces Closing of Share Exchange with First Towers and Fiber Corp.August 22, 2025 4:15 PM EDT | Source: Akanda CorpFirst Towers develops, constructs and owns telecommunications infrastructure in MexicoAkanda Reaffirms its Continued Focus on the Growth of its Pre-Revenue Canadian Farming Property in British Columbia, at which the Company Plans to Develop THC and CBD FacilitiesToronto, Ontario--(Newsfile Corp. - August 22, 2025) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Com ...

Core Viewpoint - Sentient Brands Holdings, Inc. (SNBH) has executed a Share Exchange Agreement with Aqua Emergency, Inc., enhancing its position in the emergency preparedness sector through the acquisition of Aqua Emergency's assets and operations [1][2]. Company Overview - Sentient Brands Holdings, Inc. is focused on scalable consumer product goods and emergency preparedness assets, operating subsidiaries in the food, beverage, and preparedness sectors [5]. - Aqua Emergency, Inc. specializes in long-shelf-life emergency water and nutrition products and holds the exclusive license for the American Red Cross® brand for emergency hydration and meals [6]. Transaction Details - The agreement allows SNBH, via its 51%-owned subsidiary Aqua Emergency, Inc. (Nevada), to acquire Aqua Emergency (Florida) assets in exchange for Acquisition Credits convertible into SNBH common stock based on performance metrics over five years [2]. - The transaction was executed on July 5, 2025, and disclosed in an SEC filing on July 9, 2025 [2]. Strategic Advantages - Aqua Emergency brings expertise in disaster relief supplies and a valuable client base, including federal, state, and municipal agencies, hospitals, and NGOs [3]. - The acquisition will enable Aqua Emergency to scale operations by utilizing the manufacturing, financing, and distribution infrastructure of AIG-F&B, Inc., a wholly owned subsidiary of SNBH [4]. Leadership Insights - George Furlan, CEO of SNBH, emphasized that the transaction aligns with the company's mission in emergency preparedness and provides a strategic advantage through Aqua Emergency's licenses and relationships [4]. - Brandon Jones, CEO of Aqua Emergency, noted that joining SNBH unlocks significant scaling opportunities to meet increasing demand across various markets [4].

Group 1 - The execution of the acquisition of Summa Defence Oy's share capital has commenced, with a conditional share exchange agreement signed on January 29, 2025 [1] - The arrangement includes the sale of Meriaura Oy's shares to Meriaura Invest Oy and the acquisition of treasury shares from Meriaura Invest Oy, approved by the Annual General Meeting on April 24, 2025 [1] - The schedule for completing the transaction has been clarified, with ownership and financing arrangements for Aquamec Oy starting on May 30, 2025, and trading in new shares expected to begin no later than June 11, 2025 [2] Group 2 - Meriaura Group Plc operates in two business areas: Marine Logistics and Renewable Energy [3] - The Marine Logistics segment, through Meriaura Oy, provides low-emission marine transport services for bulk cargo and project deliveries, particularly in Northern Europe [3][4] - The Renewable Energy business focuses on clean energy solutions, including large-scale solar thermal systems and high-quality solar power systems for various applications [5] Group 3 - Meriaura Group's shares are listed on Nasdaq First North Growth Market Sweden and Finland under the names MERIS and MERIH, respectively [6]

Group 1: Acquisition Details - 3Lions Oy, the controlling company of Arto Räty, has acquired 106,287 shares of Summa Defence Oy at approximately 0.94 euro per share, totaling around 100,000 euros [1] - The shares acquired will be exchanged for 4,999,998 shares of Meriaura Group Oyj, subject to an 18-month transfer restriction [1] Group 2: Company Overview - Meriaura Group Plc operates in two business areas: Marine Logistics and Renewable Energy [2] - Meriaura Oy, part of the Marine Logistics business, specializes in low-emission marine transport services for bulk cargo and project deliveries in Northern Europe, particularly in the Baltic Sea and North Sea regions [3] - VG-EcoFuel Oy, included in the Marine Logistics business, produces biofuels from bio-oils and recycled oils [4] Group 3: Renewable Energy Focus - The Renewable Energy business of Meriaura Group focuses on clean energy solutions, designing and delivering clean energy production systems for industry and district heating [5] - The Renewable Energy segment includes Rasol Oy, which provides solar power systems for various applications [5] Group 4: Stock Information - Meriaura Group's shares are listed on Nasdaq First North Growth Market Sweden under the name MERIS and on Nasdaq First North Growth Market Finland under the name MERIH [6]