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Humanoid Global Holdings Corp. — Capital/Financing Update 2021
Jan 7, 2021
45958_rns_2021-01-06_87613be5-ed79-4457-9543-d88960d4ed07.pdf
Capital/Financing Update
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NEW WAVE ENTERS DEBT SETTLEMENT AGREEMENT
TORONTO, January 6, 2021 ‐ NEW WAVE HOLDINGS CORP. (the " Company " or " New Wave ") (CSE:SPOR) (FWB:0XM2) (OTCPK:TRMNF), announces it has entered into a debt settlement agreement (the “ Agreement ”) with an arm’s-length party (the “ Creditor ”) to settle an aggregate of $126,000 in debt (the “ Debt ”). In settlement of the Debt, the Company will issue to the Creditor an aggregate of 969,230 common shares in the capital of the Company (the “ Debt Shares ”) at a deemed price of $0.13 per Debt Share.
The Debt Shares issued in connection with the Agreement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.
Closing of the transaction is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the approval of the Canadian Securities Exchange (the “ CSE ”).
ABOUT NEW WAVE HOLDINGS CORP.
New Wave Holdings Corp. (CSE: SPOR, FWB: 0XM2, OTCPK:TRMNF) is an investment issuer focused on the burgeoning psychedelic and esports sectors. In the psychedelic sector, New Wave will focus on supporting research on active psychedelic compounds, creation of consumer products based on functional mushrooms, and developing an IP portfolio focusing on psilocybin, LSD, MDMA, and ketamine derived treatments for neuropsychiatric diseases.
Investors interested in connecting with New Wave Holdings can learn more about the company and contact the team at http://newwavecorp.com
FOR FURTHER INFORMATION PLEASE CONTACT:
Daniel Fox
Chief Executive Officer New Wave Holdings Corp. Email: [email protected]