Minaro Corp. (OTCPK:MNAO) entered into a share exchange agreement to acquire Pineapple Express Cannabis Company from Yulia Lazaridou and others for $58.5 million in a reverse merger transaction on December 18, 2022. Pursuant to the Exchange Agreement, the PCI Shareholders exchanged 50,000 outstanding shares of common stock of PCI, representing 50% of the outstanding shares of PCI common stock, for 18 million newly issued shares of Minaro common stock. As a result of the transaction, PCI Shareholders own a majority of the shares of Minaro common stock. Transactions is subject to closing conditions, including, resignation of sole officer and director of Minaro and other clsoing conditions. Lazaridou, as sole director and majority shareholder of Minaro approved the Exchange Agreement. Closing of the acquisition shall take place on December 20, 2022, or on such other date as may be mutually agreed upon in writing by the parties. VStock Transfer, LLC acted as transfer agent and registrar to Minaro.

Minaro Corp. (OTCPK:MNAO) completed the acquisition of Pineapple Express Cannabis Company from Yulia Lazaridou and others in a reverse merger transaction on December 18, 2022.