J. Gerald Combs - Nov 30, 2021 Form 3 Insider Report for Canna-Global Acquisition Corp (CNGL)

Role
Chief Executive Officer, Director
Signature
/s/ J. Gerald Combs
Stock symbol
CNGL
Transactions as of
Nov 30, 2021
Transactions value $
$0
Form type
3
Date filed
11/30/2021, 07:46 PM
Next filing
Dec 23, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CNGL Class B ordinary shares Nov 30, 2021 Class A ordinary shares 40K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the registration statement on Form S-1 (File No. 333-259443) under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common shares, par value $0.000001 per share, of Canna-Global Acquisition Corp, a State of Delaware corporation (the "Issuer"), will automatically convert into shares of Class A common stock, par value $0.000001 per share, of the Issuer at the time of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment for share splits, share dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Remarks:

Chief Executive Officer and Director