Business
Pond Enters Into Letter of Intent With Find Familiar Spirits In Respect of A Proposed Reverse Takeover
(TheNewswire) Vancouver, British Columbia – October 28 , 2025 – ...
About this update from Pond Technologies Holdings Inc.
[{"type":"text","content":"Pond Enters Into Letter of Intent With Find Familiar Spirits In Respect of A Proposed Reverse Takeover\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n Vancouver, British\nColumbia\n \n\n – October\n \n\n 28\n \n\n , 2025 –\n \n\n TheNewswire -\n \n\n Pond\nTechnologies Holdings Inc.\n \n\n (“\n \n\n Pond\n \n\n ” or the\n“\n \n\n Company\n \n\n ”) (\n \n\n TSXV:\nPond\n \n\n ) is pleased to announce that it has entered\ninto a non-binding letter of intent dated October\n \n\n 27\n \n\n , 2025 (the “\n \n\n LOI\n \n\n ”) with\nU.S.–based company Find Familiar Spirits, LLC (“\n \n\n FFS\n \n\n ”)\n \n\n pursuant to which Pond intends to acquire all of issued and\noutstanding securities of FFS (each, a “\n \n\n FFS Share\n \n\n ”) in\nexchange for common shares of Pond (each, a “\n \n\n Pond Share\n \n\n ”) in\naccordance with the Exchange Ratio (as defined herein) (the\n“\n \n\n Proposed\nTransaction\n \n\n ”)\n \n\n . The\nProposed Transaction is an arm’s length “Reverse Takeover” for\nPond, which will result in the burgeoning fan-focused spirits company\nbecoming a public company traded on the TSXV, in the over-the-counter\n(OTC) market in the U.S.,\n \n\n and on the Frankfurt\nexchange in Germany.\n \n\n\n\n As a part of the Proposed Transaction, Pond will be\nspun out into a privately held company, and FFS will assume management\nand control of the existing public entity through a reverse takeover\ntransaction.\n \n\n\n\n Find Familiar Spirits, founded by actor and\nentrepreneur Matthew Lillard (\n \n\n Scream, Scooby Doo\n \n\n ), screenwriter Justin Ware,\nand Blue Run Spirits co-founder Tim Sparapani, creates spirits\nexperiences for dedicated “fandoms” (i.e., enthusiast markets),\nwith its first breakout brand, Quest’s End Whiskey, recently\nexpanding into Canada. The founders look forward to continuing to\nserve existing customers, grow into new geographies, and expand into\nother fandoms. FFS management is eager to conclude a successful\ntransaction and to make shares available to fans and supporters in the\npublic market.\n \n\n\n\n Justin Ware, Co-CEO of FFS said, “\n \n\n we’ve built our company around the\nconcept of community and helping people celebr...