Ceres Acquisition Archives

Debra BorchardtJuly 1, 2022

SPACs (Special Purpose Acquisition Corp.) were the hottest thing going on in the cannabis industry for the past couple of years, but the buzz may be wearing off. These SPACs would raise millions and then search for a “qualifying transaction.” In other words, the money was looking for a company to essentially buy and take […]

StaffJune 30, 2022

Editors Note: This was republished with permission from Crain Chicago and written by John Pletz. The owner of Windy City Cannabis shops wants Beau Wrigley to pay $80 million in damages for a sale that never closed. William “Beau” Wrigley Jr., who is already facing lawsuits over dreams of a marijuana company’s initial public offering that went […]

Debra BorchardtOctober 1, 2021

Ceres Acquisition Corp. (NEO: CERE.U)(OTCQX: CERAF) has decided to call off the Business Combination Agreement dated February 21, 2021, with SH Parent, Inc. also known as Parallel. Ceres said it plans to continue looking for another company for its qualifying transaction before the deadline of March 3, 2022, unless of course that date is extended, with […]

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Tag: Ceres Acquisition

SPACS Losing Their Mojo As Deals Get Pushed Out

Beau Wrigley at Center of Litigation over Failed Chicago Cannabis Deal

Ceres, Parallel Call Off SPAC Deal

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Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

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