Curaleaf Announces Pricing of Offering of Subordinate Voting Shares

About this update from Curaleaf Holdings, Inc.

[{"type":"text","content":"\n \n \n \n Curaleaf Announces Pricing of Offering of Subordinate Voting Shares\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.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n WAKEFIELD, Mass.\n \n ,\n \n Jan. 7, 2021\n \n /CNW/ - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (\"Curaleaf\" or the \"Company\"), a leading U.S. provider of consumer products in cannabis, announced today the pricing of its previously announced overnight marketed offering (the \"Offering\") of an aggregate of 16,500,000 subordinate voting shares (the \"Offered Securities\") at a price of\n \n C$16.70\n \n per share for total gross proceeds of\n \n C$275,550,000\n \n .\n \n \n The Offered Securities will be offered in each of the Provinces of Canada, other than Québec pursuant to a prospectus supplement to the Company's base shelf prospectus dated November 2, 2020 (the \"Prospectus\") and in the United States and to or for the account or benefit of \"U.S. persons\" (as defined in\n \n the United States\n \n \n Securities Act of 1933\n \n , as amended (the \"U.S. Securities Act\"), on a private placement basis to \"qualified institutional buyers\" pursuant to an exemption from the registration requirements of the U.S. Securities Act.\n \n \n The Offering is expected to close on or about\n \n January 12, 2021\n \n and will be subject to market and other customary conditions, including requirements of the Canadian Securities Exchange.\n \n \n In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the Offered Securities pursuant to the proposed Offering on the same terms and conditions.\n \n \n \n \n \n Boris Jordan\n \n , Curaleaf Executive Chairman of the Board, commented, \"As the U.S. cannabis industry continues to enjoy tremendous growth, and now with the\n \n Georgia\n \n results ...

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