A-Labs Last Chapter V? Noah/ALabs/AdRabbit?https://www.marketscreener.com/quote/stock/A-LABS-CAPITAL-II-CORP-55763374/news/Orcanos-Limited-cancelled-the-acquisition-of-A-Labs-Capital-II-Corp-TSXV-ALAB-P--43723413/
Upon completion of the Transaction, ALAB will change its name to “Orcanos Holdings Inc.” Current Directors and officers of A-Labs will resign from their respective positions and the Board will be reconstituted with four Directors, three of whom shall be nominated by Orcanos and one of whom shall be nominated by agreement between Orcanos and A-Labs. Upon completion of the Transaction, it is expected that Doron Cohen, will resign and the board of directors of the Resulting Issuer will be comprised of five (5) individuals, subject to acceptance by the Exchange: (i) Zohar Peretz; (ii) Rami Azulay; (iii) Doron Cohen; (iv) Sivan Hechter-Ungar and (v) such additional nominee as selected by Orcanos and acceptable to the Exchange. The management of the Resulting Issuer is expected to be Zohar Peretz (Chief Executive Officer and Secretary), Konstantin Lichtenwald (Chief Financial Officer), Rami Azulay (Chief Marketing Officer); and Gil Pry-Dvash (Chief Product Officer of Orcanos).
https://stockhouse.com/news/press-releases/2023/05/03/adrabbit-announces-approval-of-management-cease-trade-order
For further information, please contact:
Noah Hershcoviz, Interim CEO and Director of the Company
Email: noah@alabs.co
Glta!