Kiaro To Raise $3M Via Marketed Private Placement of Senior Unsecured Convertible Debenture Units
Kiaro To Raise $3M Via Marketed Private Placement of Senior Unsecured Convertible Debenture Units
Cannabis retailer and distributor Kiaro Holdings Corp. (TSXV:KO) is poised to raise $3 million through a marketed private placement of 3,000 senior unsecured convertible debenture units at $1,000 per debenture unit.
大麻零售商和分銷商基亞羅控股公司(Kiaro Holdings Corp.)(TSXV：KO)是準備通過市場化私募3,000個高級無擔保可轉換債券單位籌集300萬美元，每個債券單位1,000美元。
Based in Vancouver, Kiaro said Thursday that it has tapped a research capital corporation as lead agent and sole book-runner on behalf of a syndicate of agents to sell the debenture units.
總部設在温哥華的Kiaro週四表示，它已經利用一家研究資本公司作為牽頭代理和唯一賬簿管理人，代表代理財團出售債券單位。
Each debenture unit consists of one 8% senior unsecured convertible debenture having a face value of $1,000 and convertible into common shares of Kiaro $0.13 per share that will mature three years following the closing date, and 3,846 of Kiaro's common share purchase warrants with each granting the holder rights to purchase one common share at $0.16 share over the same time.
每個債券單位由一個8%的優先無擔保可轉換債券組成，面值為1,000美元，可轉換為普通股基亞羅每股0.13美元這將在截止日期後三年到期，Kiaro的3846股普通股認購權證，每份認股權證授予持有人在同一時間以0.16美元的價格購買一股普通股的權利。
If the thirty-day volume-weighted average price of the common shares on the TSX Venture Exchange, or other principal exchanges on which the Kiaro's shares are listed, is greater than $0.26 at any time in the 12 months following the offering's closing and prior to the maturity date, the company is granted the right to convert some or all of the then outstanding Convertible Debentures - less any applicable withholding taxes - into Common Shares at the Conversion Price. Kiaro is obliged to notify the holders of the convertible debentures with no less than thirty days' notice prior to the date the conversion is effected.
如果Kiaro股票在多倫多證券交易所創業交易所或其他主要交易所上市的普通股的30日成交量加權平均價在發售結束後12個月內和到期日之前的任何時候超過0.26美元，該公司就有權按轉換價格將部分或全部當時已發行的可轉換債券-減去任何適用的預扣税-轉換為普通股。Kiaro有義務在轉換生效日期前不少於30天通知可轉換債券的持有人。
Kiaro said it would grant the agents an option to purchase up to 15% of additional debenture units exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing date.
Kiaro表示，它將授予代理人在截止日期後30天或之前的任何時間購買最多15%的額外債券單位的選擇權，這些債券單位可以全部或部分行使。
The company intends to use the proceeds from the offering for working capital and general corporate purposes.
該公司打算將發行所得資金用於營運資金和一般企業用途。
The transaction is expected to close on or about October 28, 2021.
這個交易預計將在2021年10月28日左右完成。
"We are excited to welcome Research Capital, another major institutional partner, to help meet the demand for Kiaro's unique cannabis retail experience," Daniel Petrov, the company's CEO said Thursday. "The additional funds will align Kiaro's best in class operating standards across a growing portfolio of stores, including the 10 locations we recently acquired in Ontario."
我們很高興地歡迎另一家主要機構合作伙伴Research Capital幫助滿足人們對Kiaro獨特的大麻零售體驗的需求。“丹尼爾·彼得羅夫(Daniel Petrov)，該公司首席執行官週四説。額外的資金將使Kiaro在不斷增加的門店組合中達到同類最佳的經營標準，包括我們最近在安大略省收購的10家門店。“
Recent Moves
最近的動向
On Monday, the company announced that it has wrapped up a transaction with Aegis Brands Inc. to acquire its subsidiary, 2734524 Ontario Inc., which is doing business as Hemisphere Cannabis Co, ahead of revealing it has generated revenue of CA$6.19 million ($4.88 million) in the second quarter of fiscal 2021.
週一，該公司宣佈，它已經完成了與宙斯盾品牌公司的交易，收購了其子公司安大略省2734524公司，該公司的業務名稱為半球大麻公司。在披露之前，它已經2021財年第二季度創造了619萬加元(488萬美元)的收入。
Photo: Courtesy of Steve Johnson from Pexels
圖片來源：來自Pexels的史蒂夫·約翰遜(Steve Johnson)
譯文內容由第三人軟體翻譯。