Datable - LMSG - Merger - image
Analyst Articles

UPDATE REPORT – Datable – Revenue Continues to Grow Y/Y but Focus Remains on Transformative Deal

We have written a 19-page Update Report on Datable, a Canadian-based software development and technology company operating in the consumer online advertising and marketing sectors. On September 30, Datable announced that it signed an LOI to acquire LMSG for $14.35M in an all-stock deal at a deemed share price of $0.05 that valued LMSG at approx. 1.0x 2022E revenue. The combined company is expected to have pro-forma 2022 consolidated revenue of over $18 million with positive EBITDA in 2023. [more]

Analyst Articles

Leafly to Go Public in a $532M SPAC Deal

The cannabis company, Leafly Holdings has announced to go public in a SPAC deal with Merida Merger Corp. I, a company sponsored by Merida Capital Holdings. The deal is expected to raise up to $161.5M in cash and should help Leafly expand its business in newly legalized markets. [more]