By Josh Beckerman


Nasdaq, which halted Canna Global Acquisition shares after the market Thursday due to pending news, changed the halt status to "additional information requested" on Friday.

The blank-check company said in a filing Thursday that it reached a settlement and recapitalization agreement with Liqueous LP concerning the retirement of an outstanding deferred underwriting fee that Canna Global owed to EF Hutton.

Liqueous entered an agreement to purchase the debt from EF Hutton, Canna Global said.

Canna Global also said stockholders approved an amendment to its certificate of incorporation related to share issuances.


Write to Josh Beckerman at josh.beckerman@wsj.com


(END) Dow Jones Newswires

06-28-24 1313ET