Dec 6 (Reuters) - Hoist Capital Corp HTEp.V :
* HOIST CAPITAL CORP. AND THE HEMPSHIRE GROUP, INC. ANNOUNCE BUSINESS COMBINATION AND UP TO $5.0 MILLION EQUITY FINANCING
* HOIST CAPITAL CORP - CO, HEMPSHIRE GROUP ENTERED INTO A DEFINITIVE MERGER AGREEMENT DATED DECEMBER 5, 2021
* HOIST CAPITAL - WILL ACQUIRE EACH HEMPSHIRE SHARE IN EXCHANGE FOR ISSUANCE OF 26 HOIST SHARES AT A DEEMED PRICE OF C$0.10 PER HOIST SHARE
* HOIST CAPITAL - TRANSACTION IS SUBJECT TO COMPLETION OF PRIVATE PLACEMENT OF UNITS OF HEMPSHIRE AT A PRICE OF C$2.05 PER UNIT
* HOIST CAPITAL CORP - RESULTING ISSUER UPON COMPLETION OF TRANSACTION WILL BE LED BY EXISTING MANAGEMENT TEAM OF HEMPSHIRE
Source text for Eikon: ID:nGNXpNM6n Further company coverage: HTEp.V
