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Last Mile Holdings Completes Phase 1 of Strategic Alternatives Process
Last Mile Holdings Completes Phase 1 of Strategic Alternatives Process.
About this update from Azn Capital Corp
[{"type":"text","content":"\n\n\n\nLast Mile Holdings Completes Phase 1 of Strategic Alternatives Process\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nLast Mile Holdings Completes Phase 1 of Strategic Alternatives Process\nPR Newswire\nVANCOUVER, BC, Nov. 16, 2020\n\n\n\nFirst of Multiple Potential Deals to Close By Week End; Continuing Discussions With Interested Partners\n VANCOUVER, BC, Nov. 16, 2020 /PRNewswire/ - Last Mile Holdings Ltd. (\"MILE\" or the \"Company\") (TSXV: MILE) (OTC: AZNVF), a micro-mobility company offering the broadest product suite in the industry, has completed the first phase of its strategic restructuring process. The Company, with the help of Rock Creek Advisors, is pursuing various opportunities to bolster liquidity.  One such opportunity, a sale of some hard assets, is scheduled to close by the end of this week. \n\n \n \n \n \n \n \n\n \nAt the same, time, the Company continues to explore various potential transactions with other parties. \nInterested parties, including existing shareholders familiar with the Company, should contact Rock Creek Advisors this week, as other opportunities continue to move forward.  \nFor more information on Last Mile Holdings, visit lastmile-holdings.com. \nAbout Last Mile HoldingsLast Mile Holdings (TSXV: MILE; OTC: AZNVF), formerly OjO Electric, is a micro-mobility company in the U.S., offering the broadest product suite in the industry. Last Mile has 25 university and 45 municipal contracted shared mobility systems under the OjO and Gotcha brands. The acquisition of Gotcha in the first quarter of 2020 provides an expansive growth pipeline and a portfolio of products including electric bikes, scooters, and cruisers. For more information, visit lastmile-holdings.com.\nFollow us on social: LinkedIn: Last Mile Holdings\nAbout Gotcha MobilityGotcha, a subsidiary of Last Mile Holdings, is a shared electric mobility company dedicated to providing innovative products and technologies that get people out of single-occupancy cars and safely onto effici...