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F-1/A: Registration statement for securities of certain Canadian issuers (Amendment)

SEC announcement ·  May 29 02:07
Summary by Futu AI
ESGL Holdings Ltd., a waste management and recycling company, announced the completion of a business combination with Genesis Unicorn Capital Corp. (GUCC) on August 3, 2023. The merger involved ESGL Holdings Ltd. and its subsidiaries, including Environmental Solutions Group Holdings Limited (ESGH) and Environmental Solutions (Asia) Pte. Ltd. (ESA), with GUCC merging into ESGL, making ESGL the surviving publicly traded entity. The transaction was accounted for as a reorganization under common control, with ESGL as the accounting acquirer. Post-merger, ESGL's stock began trading on Nasdaq on August 4, 2023. Additionally, ESGL entered into a Forward Purchase Agreement with Vellar Opportunities Fund Master, Ltd. and ACM ARRT K LLC, which was later terminated by mutual agreement. Subsequent to the merger, ESGL conducted a...Show More
ESGL Holdings Ltd., a waste management and recycling company, announced the completion of a business combination with Genesis Unicorn Capital Corp. (GUCC) on August 3, 2023. The merger involved ESGL Holdings Ltd. and its subsidiaries, including Environmental Solutions Group Holdings Limited (ESGH) and Environmental Solutions (Asia) Pte. Ltd. (ESA), with GUCC merging into ESGL, making ESGL the surviving publicly traded entity. The transaction was accounted for as a reorganization under common control, with ESGL as the accounting acquirer. Post-merger, ESGL's stock began trading on Nasdaq on August 4, 2023. Additionally, ESGL entered into a Forward Purchase Agreement with Vellar Opportunities Fund Master, Ltd. and ACM ARRT K LLC, which was later terminated by mutual agreement. Subsequent to the merger, ESGL conducted a private placement of 10 million ordinary shares at $0.25 per share, raising $2.5 million. The company also applied to transfer its securities to the Nasdaq Capital Market due to non-compliance with the Minimum Bid Price Rule and the Minimum Market Value of Publicly Held Shares Rule. The transfer was approved, and ESGL's securities were listed on the Capital Market on May 3, 2024, with an additional period until October 21, 2024, to regain compliance.

This announcement is a separate document:

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