Weed Giant Canopy Announces Upsized $35M Private Placement
Weed Giant Canopy Announces Upsized $35M Private Placement
Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Thursday that it has entered into subscription agreements with certain institutional investors in a private placement offering of 8,158,510 units at $4.29 per unit for aggregate gross proceeds of roughly $35 million.
Canopy Growth Corporation（多倫多證券交易所股票代碼：WEED）（納斯達克股票代碼：CGC）週四宣佈，它已與某些機構投資者簽訂認購協議，以每單位4.29美元的價格私募發行8,158,510個單位，總收益約爲3500萬美元。
Details
細節
Each unit will be comprised of the company's one common share and one series A common share purchase warrant or one series B common share purchase warrant, with each warrant entitling the holder to acquire one common share from the company at $4.83.
每個單位將由公司的一股普通股和一份A系列普通股購買權證或一份B系列普通股購買權證組成，每份認股權證使持有人有權以4.83美元的價格從公司收購一股普通股。
The series A warrants will be exercisable immediately following the offering's closing for five years. The series B warrants will be exercisable for five years as well, commencing on the date that is six months following the closing of the offering, the company said in a press release.
A系列認股權證將在發行結束後立即行使，爲期五年。該公司在一份新聞稿中表示，B系列認股權證的行使期也爲五年，從發行結束後的六個月之日開始。
See also: Cannabis Giant Canopy Announces $30M Private Placement, Here's Where The Money Will Go
另見：大麻巨頭Canopy宣佈進行3000萬美元的私募配售，資金的去向就在這裏
Why It Matters
爲什麼重要
With the offering, the Ontario-based company seeks to further strengthen its financial position by paying down debt. Canopy also said it will use proceeds for working capital and other general corporate purposes.
通過此次發行，這家總部位於安大略省的公司尋求通過償還債務來進一步鞏固其財務狀況。Canopy還表示，它將把所得款項用於營運資金和其他一般公司用途。
In its second-quarter earnings report announced in November, Canopy said it reduced overall debt by $364 million to $681 million during the period, resulting in a total debt reduction of approximately $1 billion since the start of fiscal 2023.
Canopy在11月公佈的第二季度收益報告中表示，在此期間，其債務總額減少了3.64億美元，至6.81億美元，自2023財年開始以來，債務總額減少了約10億美元。
The company also reported an additional cost reduction of $54 million during the second quarter, bringing the total reduction to $226 million since the beginning of fiscal 2023. At the time, the company said it was going for a cost reduction of $270 million to $300 million by the end of fiscal 2024.
該公司還報告稱，第二季度又削減了5400萬美元的成本，使自2023財年初以來的總成本削減至2.26億美元。當時，該公司表示，到2024財年底，將成本削減2.7億美元至3億美元。
What's Next
下一步是什麼
The closing of the private placement under the subscription agreements is expected to occur on or about Friday, Jan. 19, 2024.
根據認購協議進行的私募預計將於2024年1月19日星期五左右結束。
CGC Price Action
CGC 價格行動
Canopy's shares traded 2.78% lower at $4.55 per share during the pre-market session on Thursday morning.
在週四上午的盤前交易中，Canopy的股價下跌2.78％，至每股4.55美元。
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譯文內容由第三人軟體翻譯。