Amaya Big Sky Capital Defaults on Annual Meeting, Seeks Acquisitions
Amaya Big Sky Capital has acknowledged it is in default of holding an annual shareholder meeting and is actively exploring acquisition targets to complete a qualifying transaction.
Vancouver, B.C. – Amaya Big Sky Capital Corp. announced on Tuesday that it is currently in default of the corporate law requirement to hold an annual general meeting (AGM) of shareholders each calendar year, having last held one on October 23, 2024. The company intends to rectify this default by holding an AGM in late September 2026.
This governance update follows the company's May 19 announcement regarding the termination of its proposed business combination with Flight Food & Beverage Partners Inc. Amaya is now actively exploring acquisition opportunities as it works toward completing its qualifying transaction.
Amaya Big Sky Capital operates as a Capital Pool Company under TSX-V Policy 2.4. The company has not commenced commercial operations and holds no assets other than cash. It is listed on the TSX-V under the ticker AMYA.P.
The company stated it is focused on finding a suitable target to reorganize its business and meet the requirements for its listing before the deadline. Further updates are expected as Amaya continues its search for a qualifying transaction.