Cannabis SPAC Greenrose's Shares Soar On $103M Debt Capital Agreement With Sundial Affiliate
Cannabis SPAC Greenrose's Shares Soar On $103M Debt Capital Agreement With Sundial Affiliate
Cannabis-focused special purpose acquisition company Greenrose Acquisition Corp. (OTC: GNRSU) announced Thursday that it has signed agreements for up to $103 million in capital from SunStream Bancorp a joint venture backed by Sundial Growers Inc. (NASDAQ:SNDL).
專注於大麻特殊用途收購公司Greenrose收購公司(GM.N：行情)場外交易：GNRSU)週四宣佈，它已經簽署了高達來自Sunstream Bancorp的1.03億美元資本，這是一家由Sunial Growers Inc.(納斯達克股票代碼：SNDL)支持的合資企業。
SunStream’s investment consists of $78 million in a multi-tranche senior secured loan facility and $35 million in unsecured convertible notes. Details about the loan terms will be revealed in the subsequent filing with the U.S. Securities and Exchange Commission.
Sunstream的投資包括7800萬美元的多批優先擔保貸款工具和3500萬美元的無擔保可轉換票據。有關貸款條款的細節將在隨後提交給美國證券交易委員會(SEC)的文件中披露。
Upon finalizing SunStream financing and presuming no redemptions of Greenrose shareholders, the company will have $276 million in total to support its business strategy. What’s more the company continues to hold the right to raise extra capital via private placements.
在敲定Sunstream融資並推定Greenrose股東不贖回後，該公司將總共有2.76億美元來支持其業務戰略。更重要的是，該公司繼續持有通過定向增發籌集額外資本的權利.
The closing of the SunStream financing should happen at the same time as the closing of Greenrose’s de-SPAC business combination.
Sunstream融資的結束應該與Greenrose的de-SPAC業務合併結束同時進行。
“We are grateful for the support of our lenders and investors as we continue to work towards closing our business combination,” said Mickey Harley, CEO of Greenrose Acquisition Corp. “This additional capital gives us greater flexibility to execute on our growth objectives, and we will remain focused on creating value for our shareholders as we transition to an exciting and dynamic operating company. Importantly, this investment from and partnership with SunStream is both financially and strategically advantageous to Greenrose. Both Greenrose and SunStream are aligned in closing our Business Combination and continuing the growth of Greenrose,” Harley concluded.
他説：“我們感謝貸款人和投資者對我們的支持，因為我們將繼續努力完成我們的業務合併。”米奇·哈雷, Greenrose Acquisition Corp首席執行官。這些額外的資本使我們有更大的靈活性來實現我們的增長目標，在我們向一家令人興奮和充滿活力的運營公司過渡的過程中，我們將繼續專注於為我們的股東創造價值。重要的是，Sunstream的投資和與Sunstream的合作在財務和戰略上都對Greenrose有利。Greenrose和Sunstream在結束我們的業務合併和繼續Greenrose的增長方面都是一致的。“哈雷總結道。
Imperial Capital, LLC acted as capital markets advisor and Gateway Group as
帝國資本有限責任公司擔任資本市場顧問和網關組AS
communications advisor to Greenrose.
格林羅斯的公關顧問。
Mackenzie Partners and Broadridge Financial Solutions were proxy advisors to Greenrose in relation to its proxy solicitation efforts.
Mackenzie Partners和Broadbridge Financial Solutions是Greenrose與其委託書徵集工作有關的委託書顧問。
Price Action
價格行動
Greenrose’s shares were trading 0.10% higher at $10.01 per share at the time of writing Thursday mid-afternoon.
截至週四下午三點左右撰寫本文時，Greenrose的股價上漲0.10%，至每股10.01美元。
Photo: Courtesy of Diyahna Lewis on Unsplash
圖片：Diyahna Lewis在Unspash上提供
譯文內容由第三人軟體翻譯。