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Investegate |FastForward Inn Ltd Announcements | FastForward Inn Ltd: Investee Company Update: Yooma Corp.


26 January 2021
Investee Company Update: Yooma Corp.
 
FastForward Innovations Ltd, the AIM quoted company focusing on making investments in fast growing and industry leading businesses, is pleased to confirm the merger of Yooma Corp. ( Yooma ), in which it holds a 10.65% interest, and Globalive Technology (TSX-V: LIVE) ( Globalive ) has been approved at a special meeting of its shareholders.
 
Following completion of the merger, which remains subject to Canadian regulatory approval, FFWD will hold 4,007,165 shares in Globalive representing 8.95% of the enlarged issued share capital.
 
Ed McDermott, CEO of FastForward, commented:
We are delighted that the merger between Yooma and Globalive has been approved. To see a liquidity event for our holding in Yooma within less than a year from our investment is a great result and one we hope can be replicated across other portfolio companies over the next 12 months. We are very excited to s ....

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Globalive Technology Provides Additional Disclosure With Respect to the Previously Announced Reverse Takeover Transaction


Share:
TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) Globalive Technology Inc. (TSXV:LIVE) (the
Company ), a technology company based in Toronto, Ontario, provides the following supplemental disclosure to the joint management information circular (the
Circular ) dated December 21, 2020 for the special meetings of the shareholders of the Company (
GTI Shareholders ) and the shareholders of Yooma Corp. (
Yooma ), each to be held on January 25, 2021 to consider the previously announced Arrangement. This news release should be read in conjunction with the Circular as a whole. Capitalized terms used and not otherwise defined in this news release shall have the meanings given to such terms in the Circular. ....

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FastForward Innovations Ltd flags cannabis wellness deal between two investee companies

FastForward Innovations Ltd flags cannabis wellness deal between two investee companies
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LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%


LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%
Wed, 20th Jan 2021 17:40
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Alliance Pharma PLC - healthcare company - Expects see-through revenue for 2020 to be down 5% on the prior year at GBP137.5 million from GBP144.3 million reported for 2019, both on a reported basis and on a constant currency basis, reflecting the impact of the Covid-19 pandemic. Underlying pretax profit for 2020 is expected to be marginally ahead of market expectations. As we progress into 2021, we look forward to regaining the strong momentum and revenue growth of recent years, and to benefiting from the additional growth opportunities that Amberen brings into the group, said Chief Executive Peter Butterfield. The acquisition of Biogix has brought Amberen into Alliance Pharma, a brand for the relief of menopause symptoms. The acq ....

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