Cansortium completes acquisition of RIV Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2024
0mins
Merger Completion: Cansortium (CNTMF) and RIV Capital (CNPOF) have completed their merger, with FLUENT acquiring all Class A common shares of RIV Capital in exchange for FLUENT shares, resulting in FLUENT shareholders owning approximately 51.25% of the combined entity.
Leadership and Trading Details: Robert Beasley has been appointed CEO of the new Combined Company, which will operate under the FLUENT name and continue trading on Canadian markets, while RIV Capital shares are set to be delisted by December 19, 2024.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like undefined with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
