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Clever Leaves Announces Approval of Merger Transaction by its Shareholders and Provides Background on Holdco Board of Directors
NEW YORK, Dec. 14, 2020
Clever Leaves International Inc. (“Clever Leaves”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, held a special meeting of its shareholders last Friday, December 11
th, where it successfully received the majority of its shareholders’ approval for the consummation of its business combination with Schultze Special Purpose Acquisition Corp. (Nasdaq: SAMA, SAMAW, and SAMAU) (“SAMA”), pursuant to which a newly formed holding company, Clever Leaves Holdings Inc. (“Clever Leaves Holdings” or “Holdco”), will acquire SAMA and Clever Leaves and will be a Nasdaq-listed public company trading under the ticker CLVR.
Experienced Executives Will Add Strength to the Combined Company’s Strategy in Accelerating Growth
NEW YORK, Dec. 14, 2020 (GLOBE NEWSWIRE)
Clever Leaves International Inc. (“Clever Leaves”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, held a special meeting of its shareholders last Friday, December 11
th, where it successfully received the majority of its shareholders’ approval for the consummation of its business combination with Schultze Special Purpose Acquisition Corp. (Nasdaq: SAMA, SAMAW, and SAMAU) (“SAMA”), pursuant to which a newly formed holding company, Clever Leaves Holdings Inc. (“Clever Leaves Holdings” or “Holdco”), will acquire SAMA and Clever Leaves and will be a Nasdaq-listed public company trading under the ticker CLVR.
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NEW YORK, Dec. 14, 2020 (GLOBE NEWSWIRE)
Clever Leaves International Inc. ( Clever Leaves ), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, held a special meeting of its shareholders last Friday, December 11
th, where it successfully received the majority of its shareholders approval for the consummation of its business combination with Schultze Special Purpose Acquisition Corp. (NASDAQ:SAMA, SAMAW, and SAMAU)) ( SAMA ), pursuant to which a newly formed holding company, Clever Leaves Holdings Inc. ( Clever Leaves Holdings or Holdco ), will acquire SAMA and Clever Leaves and will be a Nasdaq-listed public company trading under the ticker CLVR.
Upon completion of the business combination, the Board of Directors of Holdco will be comprised of: Etienne Deffarges, Co-Founder and Operating Partner at Chicago Pacific; Elisabeth DeMarse, a seasoned CEO, Independent Director, and Investor; Gary Julien, Managing Director at Schu
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