Organic Flower Investments Group Inc. (CNSX:SOW) entered into a definitive agreement to acquire Bendu Capital Limited for CAD 3 million on May 24, 2020. Under the terms of the agreement, each Bendu share shall be exchanged for one Organic Flower share, on a pre-consolidation basis. Organic Flower has also announced the implementation of consolidation of Organic Flower common shares on the basis of one post consolidation share for every 7 pre-consolidation shares. The transaction is subject to regulatory approval, approval of Bendu shareholders and number of Bendu shares in respect of which shareholders of Bendu have dissented in connection with the resolutions authorizing the transaction shall not exceed 10% of the number of issued and outstanding Bendu shares. As per disclosure on May 27, 2020, the shareholder of Bendu has unanimously approved the terms of the transaction. Garfinkle, Biderman LLP acted as legal advisor to Organic Flower. Organic Flower Investments Group Inc. (CNSX:SOW) completed the acquisition of Bendu Capital Limited on May 28, 2020.