Northern Lights Acquisition Corp (NLIT) extended the closing of its business combination with Safe Harbor Financial to July 29th (but could go to August 31st ) as the company waits for regulatory approval. An extension is not uncommon (i.e. last year,...
KEY POINTS Northern Lights Acquisition Corp will de-SPAC into Safe Harbor Financial (SHF) for $185M pending shareholder approval on 6/24. Deal valued at 9.1x ’23 EV/EBITDA vs 9.7x peer group average Enterprise Value /IPO 0x vs Cannabis SPAC average of 3.0x Redemption...
Northern Lights Acquisition Corp (NLIT) extended the closing of its business combination with Safe Harbor Financial to July 29th (but could go to August 31st ) as the company waits for regulatory approval. An extension is not uncommon (i.e. last year,...
KEY POINTS Northern Lights Acquisition Corp will de-SPAC into Safe Harbor Financial (SHF) for $185M pending shareholder approval on 6/24. Deal valued at 9.1x ’23 EV/EBITDA vs 9.7x peer group average Enterprise Value /IPO 0x vs Cannabis SPAC average of 3.0x Redemption...