Canaccord Genuity Corp. made an offer to acquire 17.9% stake in Knighthawk Inc. (TSXV:KHA.H) on April 29, 2020. Under the terms of consideration, Canaccord will acquire 2.1 million shares in Knighthawk. Post completion of the transaction, Kenneth Fitzgerald and all officers and Board members of Knighthawk will be transitioned out in an expedited manner with members of Canaccord or their appointees assuming such roles. The Board of Directors did not respond to the offer letter by the deadline date of May 1, 2020. Canaccord Genuity Corp cancelled the acquisition of 17.9% stake in Knighthawk Inc. (TSXV:KHA.H) on May 1, 2020.