Cases
BlissCo Cannabis Corp. (Other OTC: HSTRF)
Merger
Overview
Overview
- Date:
- 5/20/2019
- Company Name:
- BlissCo Cannabis Corp.
- Stock Symbol:
- HSTRF
- Company Name - Buyer:
- The Supreme Cannabis Company, Inc.
- Stock Symbol - Buyer:
- SPRWF
- Status:
- Closed/Complete
- Merger Announcement Date:
- 5/16/2019
NEW YORK, May 20, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of BlissCo Cannabis Corp. (Other OTC: HSTRF) on behalf of BlissCo shareholders concerning the proposed acquisition of the company by The Supreme Cannabis Company, Inc. (Other OTC: SPRWF).
Pursuant to the proposed transaction, announced on May 16, 2019 and valued at $48 million, BlissCo shareholders will receive 0.24 shares of Supreme for each share of BlissCo common stock owned. The investigation focuses on whether BlissCo and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own BlissCo shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on May 16, 2019 and valued at $48 million, BlissCo shareholders will receive 0.24 shares of Supreme for each share of BlissCo common stock owned. The investigation focuses on whether BlissCo and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own BlissCo shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.