Northwire Canada EditionSaturday, July 11, 2026
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M&A / Property

Little Fish Acquisition I cancels proposed QT

LILL · Price

Executive Summary

  • Little Fish Acquisition I Corp. terminated its proposed reverse‑takeover transaction with Sequoia Digital Corp., effective Feb. 24, 2026.
  • No residual liabilities, guarantees, or cash advances remain outstanding from the aborted deal.
  • The company will resume seeking TSX Venture Exchange approval to restart trading of its common shares and continue pursuing other qualifying acquisition opportunities.

Key Details

  • Termination effective Feb. 24, 2026; all agreements with Sequoia Digital Corp. are nullified.
  • No residual liabilities or guarantees remain for Little Fish Acquisition I Corp. related to the transaction.
  • No deposit or cash advance was paid by Little Fish to Sequoia in connection with the proposed deal.
  • Company will continue to evaluate and seek other acquisition targets to meet TSX‑V qualifying transaction requirements.
  • Management is pursuing acceptance from the TSX Venture Exchange for the resumption of trading of its common shares.

Notable Quotes

(No quotes provided in the release.)

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