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The Namaste World Acquisition Corporation (NWACU) has announced the pricing of its first public offering at $10 per unit.

by Ronald Kaufman
August 5, 2022
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Namaste World has stated that it would be issuing 10,000,000 units of Namaste World Acquisition Corporation for $10 per unit in its first public offering (NASDAQ: NWACU). Each team has a share of the Company’s common stock and a warrant that can be redeemed for cash.

Namaste World is an e-commerce company offering an online marketplace for cannabis products through its subsidiaries. The Company’s e-commerce platforms provide a selection of products, including vaporizers, grow equipment, lighting, hydroponics, cannabis seeds, smoking accessories, cannabis oils, and other products.

Namaste World is a cannabis e-commerce platform, a high-risk industry. The cannabis market is expected to grow significantly in the next few years due to legalization and other factors, but in the meantime, it is expected to be volatile. That is especially true for an e-commerce platform like Namaste. We can see that the Company’s revenue has been growing steadily over the last few years, but it has also been volatile. That makes it a high-risk investment. What to watch: As an e-commerce company, there is a lot to be said for Namaste. It’s a good company with a growing market. There is a lot of potential here, but there is also risk.

Tags: NWACU, Analyst Rating
Ronald Kaufman

Ronald Kaufman

Ronald Kaufman is a veteran analyst and researcher with an expertise in the fields of Pharma, Cyber, FoodTech and Blockchain. He has been published on entrepreneur.com, GuruFocus, Finextra Research and others. He is currently a researcher at the Future Markets Research Tank (FMRT), where he does deep-dive market analysis and research in a number of industries.

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