MERGER AGREEMENTMerger Agreement • May 19th, 2021 • Cannagistics Inc. • Metal mining • Delaware
THIS MERGER AGREEMENT (hereinafter as the “Agreement”), dated May 6, 2021, is entered into by and between Global Transition Corporation, a Delaware Corporation (“Company”), and Global3pl, Inc., a Delaware Corporation (“Merger Sub”) a direct, totally held subsidiary of Cannagistics, Inc., a Delaware Corporation (“Holdco”), and is intended to operate concomitantly with that certain Plan of Reorganization filed contemporaneously with the Delaware Secretary of State of even date herewith, with reference to the following facts, terms, and provisions (the Company, Holdco and Merger Sub are herein collectively referred to as the “Participating Parties”, Holdco not being a part of the merger):
