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Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.
Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report reg...
About this update from Canopy Growth Corporation
[{"type":"text","content":"\n \n \n \n Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n SMITHS FALLS, ON\n \n \n ,\n \n \n Oct. 25, 2022\n \n \n /CNW/ - Canopy Growth Corporation (\"\n \n Canopy\n \n \" or the \"\n \n Company\n \n \") (TSX: WEED) (NASDAQ: CGC) and Canopy\n \n USA\n \n , LLC (\"\n \n Canopy\n \n USA\n \n \n \") today announced that each of the Company and Canopy\n \n USA\n \n has filed an early warning report under National Instrument 62-103 -\n \n The Early Warning System and Related Take-Over Bid and Insider Reporting Issues\n \n in connection with the Company's direct and indirect disposition of, and Canopy\n \n USA's\n \n direct and indirect acquisition of beneficial ownership of: (i) 38,890,570 exchangeable shares (the \"\n \n Exchangeable Shares\n \n \") in the capital of TerrAscend Corp. (\"\n \n TerrAscend\n \n \"); (ii) an option to acquire 1,072,450 common shares (the \"\n \n Common Shares\n \n \") in the capital of TerrAscend for an aggregate exercise price of\n \n $1.00\n \n (the \"\n \n TerrAscend Option\n \n \"); (ii) 2,152,733 Common Share purchase warrants (the \"\n \n Warrants\n \n \") with an exercise price of\n \n C$3.74\n \n per Common Share (the \"\n \n TerrAscend 1A Warrants\n \n \"); (iv) 15,656,242 Warrants with an exercise price of\n \n C$5.14\n \n per Common Share (the \"\n \n TerrAscend\n \n 1B\n \n Warrants\n \n \"); (v) 2,225,714 Warrants with an exercise price of\n \n C$5.95\n \n per Common Share (the \"\n \n TerrAscend 2A Warrants\n \n \"); (vi) 333,723 Warrants with an exercise price of\n \n C$6.49\n \n per Common Share (the \"\n \n TerrAscend\n \n 2B\n \n Warrants\n \n \"); (vii) 1,926,983 Warrants with an exercise price of\n \n C$15.28\n \n per Common Share (the \"\n \n TerrAscend 3A Warrants\n \n \"); and 178,735 Warrants with an exercise price of\n \n C$17.19\n \n per Common Share (the \"\n \n TerrAscend\n \n 3B\n \n Warrants\n \n \", together with the TerrAscend 1A Warrants, TerrAscend\n ...