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High Tide Files Final Base Shelf Prospectus to Replace Expired Base Shelf Prospectus
High Tide Files Final Base Shelf Prospectus to Replace Expired Base Shelf Prospectus Ca...
About this update from High Tide, Inc.
[{"type":"text","content":"\n \n \n \n High Tide Files Final Base Shelf Prospectus to Replace Expired Base Shelf Prospectus\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 CALGARY, AB\n \n \n ,\n \n \n Aug. 4, 2023\n \n \n /CNW/ - High Tide Inc. (\"\n \n High Tide\n \n \" or the\n \n \"Company\n \n \") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, is pleased to announce that in order to replace its prior base shelf prospectus that expired on\n \n May 22, 2023\n \n , it has filed a final short form base shelf prospectus (the \"\n \n Prospectus\n \n \") to provide the Company with the flexibility to take advantage of financing opportunities and favourable market conditions, if and when needed, during the 25-month period that the Prospectus remains effective (the \"\n \n Effective Period\n \n \").\n \n \n \n \n \n \n \n \n \n The Prospectus has been filed in each of the provinces and territories in\n \n Canada\n \n . The Prospectus enables the Company to offer, issue and sell, from time to time: common shares, warrants, units, subscription receipts, debt securities, convertible securities, or any combination of such securities (collectively, the \"\n \n Securities\n \n \") for up to an aggregate offering price of\n \n C$100,000,000\n \n (or its equivalent), in one or more transactions during the Effective Period.\n \n \n The Company has also filed a corresponding shelf registration statement relating to the Securities with the United States of America Securities and Exchange Commission under the U.S. Canada Multijurisdictional Disclosure System.\n \n \n The Company may also use the Prospectus in connection with an \"at-the-market distribution\" in accordance with applicable securities laws, which would permit securities to be sold on behalf of the Company through the TSX Venture Exchange, the Nasdaq Stock Exchange, (or other existing trading markets) as further described in the applicable prospectus supplement. To date, no agreement has been enter...