05/12/2025 | Press release | Distributed by Public on 05/12/2025 14:31
Item 7.01 Regulation FD Disclosure.
The Cannaisseur Group, Inc. (the "Company") previously announced in a press release dated April 30, 2025, the formation of a Transition Team in connection with the Company's Letter of Intent dated April 4, 2025. That press release referenced an informational shareholder meeting scheduled for May 13, 2025.
The Company hereby announces that the informational shareholder meeting scheduled for May 13, 2025, has been cancelled due to technical difficulties. No votes were scheduled or intended to be solicited at that meeting, and its purpose was solely to provide an update on the status of the pending strategic transaction and other corporate developments.
The Company intends to provide further information regarding the transaction through a preliminary proxy statement on Schedule 14A, to be filed with the Securities and Exchange Commission. Shareholders will receive definitive proxy materials and voting instructions once regulatory review is complete.
The information furnished in this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
Item 8.01 Other Events.
As noted above, the Company has cancelled the informational shareholder meeting previously scheduled for May 13, 2025. The Company remains committed to updating shareholders regarding any material developments in connection with the pending strategic transaction.