Apollo finally rids of Acasta Enterprises name

Photo of author

By CPE News

CPE News (8/24/2020) – Apollo Healthcare Corp. (TSX: AHC) has completed previously announced name change from Acasta Enterprises Inc.

Acasta Enterprises Inc. was incorporated on June 19, 2015, as a special purpose acquisition corporation (SPAC) or a blank check company.

Acasta completed three qualifying transactions including Apollo Health and Beauty Care, funded with debt financing. Under debt pressure, Acasta was forced to sell the two other acquired companies, JemPak and Stellwagen Finance, with Apollo remaining as the main business assets.

On December 21, 2018, Charles Wachsberg and Richard Wachsberg, co-founders of Apollo, assumed the positions of co-CEOs of Acasta Enterprises.

Toronto based Apollo is a premium developer of Private Label Health and Beauty Care Products.

photo credit: Apollo Healthcare

News Release

Apollo Healthcare Corp. Announces Completion of Name Change from Acasta Enterprises Inc.

TORONTO, August 24, 2020 – Apollo Healthcare Corp. (TSX: AHC) (“Apollo” or the “Company”) is pleased to announce the completion of its previously announced name change from Acasta Enterprises Inc.

The Company’s Class B shares began trading under its new name and ticker symbol “AHC”, quoted in Canadian dollars, on the Toronto Stock Exchange at the opening of trading on August 21, 2020. The Company’s new website can be accessed by visiting www.apollohealthcarecorp.com. No action is required from current shareholders in relation to the name or ticker symbol changes.

For further information
Apollo Healthcare Corp.