The Green Organic Dutchman Holdings Ltd. (TGOD) announced its name change from "The Green Organic Dutchman Holdings Ltd." to "BZAM Ltd." will take effect at the open of market on Feb. 23, subject to final regulatory approval including that of the Canadian Securities Exchange.
The common shares of the company will begin trading on the CSE under the symbol "BZAM" and on the OTCQX under the symbol "BZAMF.” Warrants of the company issued under indentures dated June 12, 2020, Oct. 23, 2020 and Dec. 10, 2020, will trade on the CSE under the symbol "BZAM.WR", "BZAM.WA", and "BZAM.WB" respectively.
TGOD said the name change aligns with its transformational growth and portfolio of brands following the completion of the merger with BZAM Holdings Inc. in November 2022. The new corporate website, www.BZAM.com, will launch on Feb. 23 with additional information about the company and its go-forward strategy. TGOD's archived historical corporate information, including financial results and news releases, will also be available via the new website.
"Having already realized the vast majority of the cost synergies envisioned with the recent merger, as well as starting on the right foot for both our 2023 revenue and EBITDA goals, the name change marks an important milestone as we complete our integration process and move forward as one unified company," said CEO Matt Milich.
TGOD also announced that Sean Bovingdon, the company's chief financial officer, has been re-appointed to the board of directors, effective Feb. 20. Bovingdon brings over 25 years of executive experience across a multitude of private and public companies internationally.
"Being part of this company's evolution has been an honor," Bovingdon said. "I look forward to continuing this journey and building an even brighter future together."
In connection with this board appointment, Angus Footman and Olivier Dufourmantelle will resign as directors of the board.