XSF
XSF

XS Financial Inc. - Subordinate Voting Shares

Status
Active
Issued & Outstanding75,526,444
Reserved for Issuance28,358,598
Currency
CSE Index

About

XS Financial Inc. - Subordinate Voting Shares

Listing date
September 13, 2019
Social

XS Financial provides the U.S. cannabis industry access to competitively-priced, non-dilutive CAPEX financing solutions. Founded in 2017, the Company specializes in providing financing for equipment and other qualified capital expenditures to growing cannabis companies, including cultivators, processors, manufacturers and testing laboratories. In addition, XSF has partnered with over 150 original equipment manufacturers (OEM) through its network of Preferred Vendor partnerships. This powerful dynamic provides an end-to-end solution for customers, resulting in recurring revenues, strong profit margins, and a proven business model for XSF stakeholders. 

Investor Note: In addition to the 75,526,444 Common Shares (being the Subordinate Voting Shares) that are listed and trading, there are 28,358,598 Proportionate Voting Shares reserved for issuance pursuant to the conversion rights attached to the other classes of equity shares that are issued and outstanding but not listed, and that are currently locked up for a three-year period.  The total number of issued shares assuming all are converted into the listed class would be 103,885,042.