BevCanna Completes $21M Acquisition Of Embark Health, Now Has More Than $100M In Assets
BevCanna Completes $21M Acquisition Of Embark Health, Now Has More Than $100M In Assets
BevCanna Enterprises Inc. (CSE:BEV) (OTCQB:BVNNF) (FSE:7BC) announced Friday that it has closed its previously announced acquisition of solventless cannabis extraction and delivery technology provider Embark Health Inc.
BevCanna 企业公司 (CSE: BEV)（OTCQB: BVNNF）（FSE: 7BC）周五宣布，它已经 关闭了它 先前宣布 收购 的无溶剂大麻提取和输送技术提供商 embark Health
"Completing the acquisition of Embark Health is a significant milestone in BevCanna's strategic transformation into a diversified health and wellness company," John Campbell, CFO and chief strategic officer of BevCanna stated. "The acquisition also bolsters BevCanna's balance sheet. Embark brings $17 million in tangible and intangible assets, including direct ownership of $11 million in equipment and the use of a modern production facility in Delta, BC. This acquisition brings BevCanna to over $100 million in unaudited assets on the balance sheet and $2.9 million in long-term liabilities."
“完成对Embark Health的收购是BevCanna向一家多元化的健康和保健公司进行战略转型的重要里程碑，” 约翰·坎贝尔，BevCanna的首席财务官兼首席战略官表示。“此次收购还增强了BevCanna的资产负债表。Embark带来了1700万美元的有形和无形资产，包括直接拥有1100万美元的设备以及使用位于不列颠哥伦比亚省三角洲的现代化生产设施。此次收购使BevCanna的资产负债表上未经审计的资产超过1亿美元，长期负债为290万美元。”
The Deal Summary
交易摘要
Under the agreement, BevCanna acquired all of the issued and outstanding Embark Securities by way of a "three-cornered" amalgamation whereby Subco, a wholly-owned subsidiary of BevCanna, and Embark amalgamated pursuant to the provisions of the Business Corporations Act (British Columbia) to form one corporation.
根据该协议，BevCanna通过以下方式收购了所有已发行和流通的Embark证券 “三角” 合并 据此，BevCanna的全资子公司Subco和Embark根据《商业公司法》（不列颠哥伦比亚省）的规定合并为一家公司。
Pursuant to the amalgamation, BevCanna issued to holders of common shares of Embark an aggregate of 54.93 million common shares of BevCanna as consideration for the purchase price of $21 million, plus an estimated closing working capital adjustment of $3.72 million.
根据合并， BevCanna向Embark普通股持有人共发行了5,493万股BevCanna普通股，作为对价，收购价为2100万美元， 再加上估计为372万美元的期末周转资金调整.
Deal Highlights:
交易亮点：
- The combined entity will have over $100M in assets on the balance sheet and $2.9 million in long-term liabilities.
- Adds a unique range of valuable brands across all three cannabis 2.0 categories.
- Adds a state-of-the-art production facility in Delta, BC, with $17 million in tangible and intangible assets including direct ownership of $11 million in equipment.
- Adds innovative solventless extraction technology that enables BevCanna to offer hash, bubble hash, live rosin and other adult-use cannabis products.
- Adds experienced management and operations team members who are pioneers in cannabis, extraction, and drug delivery technology, including Bruce Dawson-Scully, founder and CEO of Entourage Health (OTCQX:ETRGF) Marcus "Bubbleman" Richardson, best known as the founding pioneer of bubble hash and Michael West, global extraction expert who developed, designed and built more than a dozen world-class extraction facilities for companies such as Cresco Labs (OTCQB:CRLBF).
- 合并后的实体将在资产负债表上拥有超过1亿美元的资产和290万美元的长期负债。
- 在所有三个大麻2.0类别中添加了一系列独特的有价值的品牌。
- 添加 位于不列颠哥伦比亚省三角洲的一座最先进的生产设施，拥有1,700万美元的有形和无形资产，包括直接拥有1,100万美元的设备。
- 增加创新性 无溶剂萃取技术 这使BevCanna能够提供哈希、泡沫哈希、活松香和其他成人用大麻产品。
- 增加了经验丰富的管理和运营团队成员，他们是大麻、提取和药物输送技术的先驱，包括 布鲁斯·道森-斯库利，Entourage Health（OTCQX: ETRGF）的创始人兼首席执行官 Marcus “Bubbleman” Richardson，最出名的是泡泡哈希的创始先驱和迈克尔·韦斯特，全球开采专家，曾为Cresco Labs（OTCQB: CRLBF）等公司开发、设计和建造了十几个世界一流的开采设施。
More recent news from BevCanna:
来自 BevCanna 的更多最新消息：
BevCanna's Q3 Revenue Spikes Over 1000% YoY Ahead Of $21M Embark Acquisition
在2100万美元开始收购之前，BevCanna第三季度收入同比飙升超过1000％
BevCanna Inks White Label Deal To Produce Averi Health Infused Beverages
BevCanna 签署白标协议，生产 Averi Health 注入健康的饮料
Keef Brands Cannabis Beverages Now Available In Ontario And Alberta
Keef Brands 大麻饮料现已在安大略省和艾伯
BevCanna Inks White-Label Deal to Produce Cannabis-Infused Beverages for Xebra Brands
BevCanna 签署白标协议，为 Xebra 品牌生产注入大麻的饮料
Price Action
价格走势
BevCanna shares traded flat at 14 cents per share at the time of writing Friday.
周五撰写本文时，BevCanna股价持平至每股14美分。
Photo: Courtesy of Jeff W on Unsplash
照片：由 Unsplash 上的 Jeff W 提供
译文内容由第三方软件翻译。