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Cresco Labs Inc. - Warrants - Subordinate Voting Share

Listing Exchange: 
CSE
Status: 
Active
Industry: 
Life Sciences
Symbol: 
CL.WT
CSE Index: 
Currency: 

Cresco Labs also announced that it has entered into an agreement with a group of investment dealers, led by Canaccord Genuity Corp. (the “Underwriters”), pursuant to which the Underwriters will purchase, on a underwritten basis pursuant to the filing of a shelf prospectus supplement, an aggregate of 7,350,000 units (the “Units”) of the Company at a price of C$10.00 per Unit (the “Offering Price”) for aggregate gross proceeds of C$73,500,000 (the “Offering”).

Each Unit will be comprised of one subordinate voting share of the Company (a “Share”) and one half of one subordinate voting share purchase warrant of the Company (each full warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one subordinate voting share of the Company (the “Underlying Shares”) at a price of C$12.50 per Underlying Share, subject to adjustment in certain events (the “Exercise Price”), for a period of 3 years following the Closing Date (as hereinafter defined). The Company intends to apply to list the Warrants on the Canadian Securities Exchange.

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Cresco Labs Inc. - Warrants - Subordinate Voting Share (CL.WT)

SEDAR Information

Company Info

Address
400 W Erie Street, Suite 110
Chicago, IL 60654
United States
Phone
312-410-8226
Email
info@crescolabs.com
Website
http://www.crescolabs.com
Listing date
Tuesday, September 24, 2019
Transfer Agent
Odyssey Trust Company

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Capitalization

Issued & Outstanding: 
59,093,847
Reserved for Issuance: 
0

News Releases

Bulletins

20/09/2019

2019-0920 – New Listing – Cresco Labs Inc.- Subordinate Voting Share Warrant (CL.WT)

le 20 septembre/September 2019

Cresco Labs Inc. Share Purchase Warrants (the "Warrants") have been approved for listing.

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