Vesta Wealth Partners Ltd. Acquires Senior Secured Convertibles Notes of CE Brands
Vesta Wealth Partners Ltd. Acquires Senior Secured Convertibles Notes of CE Brands
Calgary, Alberta--(Newsfile Corp. - June 15, 2022) - In accordance with regulatory requirements, Vesta Wealth Partners Ltd. ("Vesta"), on behalf of Vesta Global Stability Fund LP, and fully managed accounts managed by Vesta (collectively, the "Acquiror"), announces that its has purchased $1,000,000 principal amount of senior secured convertibles notes (the "Convertible Notes") of CE Brands Inc. (the "Company") pursuant to a private placement which closed on May 25, 2022 (the "Private Placement"). Prior to the maturity of the Convertible Notes on the second anniversary of the issue date (the "Maturity Date"), the Convertible Notes are convertible into common shares of the Company ("Common Shares"), at the option of the holders, at a conversion price per share of $1.50.
卡爾加里，艾伯塔省-(Newsfile Corp.-2022年6月15日)-根據監管要求，Vesta Wealth Partners Ltd.灶神星)，以及由Vesta管理的完全管理的賬户(統稱為收購心理“)，宣佈其已購買1,000,000美元本金的優先擔保可轉換票據(”敞篷車 備註CE Brands Inc.(The“公司“)根據於2022年5月25日完成的私募(”私募“)。於可換股票據於發行日兩週年到期前(”到期日)，可換股票據可轉換為本公司普通股(普通股“)，在持有人的選擇下，每股換股價格為1.50美元。
In accordance with the Private Placement, the Acquiror, received 500,000 Common Share purchase warrants ("Warrants"). Each Warrant is exercisable to acquire one Common Share at an exercise price of $1.00 at any time on or before the Maturity Date.
根據私募，收購方收到500,000份普通股認購權證(“認股權證“)。每份認股權證可於到期日或之前的任何時間以1.00美元的行使價購入一股普通股。
Immediately prior to the acquisition of securities described in this news release, Vesta and its "joint actors" (as defined in National Instrument 61-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues) owned 727,073 Common Shares, 2,241,328 Warrants and $4,000,000 principal amount of Convertible Notes of the Company (representing approximately 20.00% of the Company on a partially diluted basis). Immediately following the acquisition of securities described in this news release, the Acquiror has control and direction over 727,073 Common Shares, 2,741,328 Warrants and $5,000,000 principal amount of Convertible Notes of the Company representing in the aggregate an approximate 21.71% interest in the Company on a partially-diluted basis assuming the conversions of the Convertible Notes and the exercise of the Warrants at their respective exercise prices.
在收購本新聞稿中描述的證券之前，Vesta及其“聯合行為者”(定義見National Instrument 61-103-預警系統及相關收購競標和內幕報告問題)擁有本公司727,073股普通股、2,241,328份認股權證及4,000,000美元可換股票據本金(按部分攤薄計算佔本公司約20.00%)。在收購本新聞稿所述證券後，假設轉換可換股票據及按其各自的行使價行使認股權證，收購方立即控制及指揮本公司727,073股普通股、2,741,328份認股權證及5,000,000美元可換股票據本金，相當於按部分攤薄計算合共約21.71%的本公司權益。
The Convertible Notes were acquired in the ordinary course of business, for investment purposes only and not for the purpose of exercising control or direction over the Company. Vesta's private client managed accounts may from time to time acquire additional securities of the Company or may decide in the future to sell all or part of its investment.
該等可換股票據乃於正常業務過程中購入，僅作投資用途，而非為對本公司行使控制或指示的目的。Vesta的私人客户管理賬户可能會不時收購本公司的額外證券，或可能在未來決定出售其全部或部分投資。
Vesta specifically disclaims any beneficial ownership of the securities held by its private client managed accounts, but as investment manager of its managed accounts Vesta has exclusive power to exercise investment control or direction over such securities.
Vesta明確否認對其私人客户管理賬户持有的證券擁有任何實益所有權，但作為其管理賬户的投資經理，Vesta擁有對此類證券行使投資控制或指導的獨家權力。
For additional information, an early warning report can be found on SEDAR or may be obtained by contacting:
如需更多信息，可在SEDAR上找到預警報告，或通過聯繫以下方式獲得：
Vesta Wealth Partners Ltd.
Suite 640, 330 - 5th Avenue S.W.
Calgary, Alberta T2P 0L4
Attention: Larisa Wilson
Telephone: 403-930-0700
Vesta Wealth Partners Ltd.
套房640,330-5這是西南大道。
阿爾伯塔省卡爾加里，T2P 0L4
注意：拉里薩·威爾遜
電話：403-930-0700
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譯文內容由第三人軟體翻譯。