Craft Weed Company Grown Rogue Reorganizes Shares To Keep Its Foreign Private Issuer Status In The US
Craft Weed Company Grown Rogue Reorganizes Shares To Keep Its Foreign Private Issuer Status In The US
Craft cannabis company, Grown Rogue International Inc.(CSE:GRIN) (OTC:GRUSF) confirmed Monday it will implement a reorganization of the company's share capital as approved by the company's shareholders at its last annual and special meeting.
種植大麻公司Grown Rogue International Inc.（CSE:GRIN）（OTC:GRUSF）確認週一將實施公司股本重組，該重組獲得了公司股東在上次的年度和特別會議上的批准。
"The purpose of the share reorganization is to preserve our foreign private issuer status in the United States and will have no impact on the voting power of any shareholder. Completing the share reorganization will allow us to defer the added reporting obligations and the conversion of our financial reporting standards from IFRS to GAAP," stated Obie Strickler, CEO of Grown Rogue. "Our accounting and finance team have already completed two sets of audited financial statements this year as a result of our change of year-end, and we want our entire team intently focused on our near-term operational and strategic goals, including getting our New Jersey and Illinois assets up and running."
Grown Rogue的首席執行官Obie Strickler表示：“股份重組的目的是爲了在美國保持我們的外國私人發行人地位，不會對任何股東的表決權造成影響。完成股份重組將允許我們推遲額外的報告義務和我們的財務報告標準從IFRS改爲GAAP的轉換。我們的會計和財務團隊已經完成了今年的兩份經審計的財務報表，這是由於我們更改會計年度的結果，我們希望我們的整個團隊緊密關注我們的近期運營和戰略目標，包括讓我們在新澤西和伊利諾伊州的資產得以運行。"
The share reorganization comes following the Oregon-based company's licensing approval with the New Jersey Cannabis Regulatory Commission and closed its first option to acquire 44% of ABCO Garden State, LLC.
在獲得新澤西大麻監管委員會的許可並完成其首選項以收購ABCO Garden State，LLC的44%股份後，該公司進行了股份重組。
Share Reorganization Highlights
股份重組亮點
Under the share reorganization, the company intends to amend its articles to redesignate its existing class of common shares without par value in the capital of the company as subordinate voting shares and create a new class of unlisted multiple voting shares.
在股份重組下，公司將既有的無面值普通股重新指定爲從屬投票股，並創建一種未上市的多重投票股。
The new CUSIP and ISIN for the SV Shares are 39986R304 and CA39986R3045, respectively. The trading symbol for the SV Shares will remain "GRIN" on the Canadian Securities Exchange. The record date for the share reorganization is June 26, 2024, and the share reorganization will become effective on or about June 27, 2024.
SV股的新CUSIP和ISIN分別爲39986R304和CA39986R3045。 SV股的交易符號在加拿大證券交易所上仍爲“GRIN”。股份重組的記錄日期爲2024年6月26日，股票重組將於2024年6月27日左右生效。
Holders of common shares held in book-entry form or through a bank, broker or other nominee will have their positions automatically adjusted to reflect the share reorganization, subject to a broker's particular processes, and do not need to take any action in connection with the share reorganization. The letter of transmittal contains instructions on how registered shareholders can exchange their common share certificates for new certificates representing the SV Shares to which they are entitled.
通過銀行，經紀人或其他代理持有的普通股將自動調整其倉位以反映股份重組，但需遵循經紀人的特定流程，無需採取任何與股份重組有關的行動。轉讓函中包含有關注冊股東如何交換他們的普通股證書以代表他們有權獲得的SV股權的說明。
Earlier this year, Grown Rogue also announced its debut in Illinois via a partnership with EBC Ventures, establishing Rogue EBC LLC, a joint venture poised to reshape the craft cannabis segment statewide.
今年早些時候，Grown Rogue還宣佈通過與EBC Ventures合作在伊利諾伊州首次亮相，建立了Rogue EBC LLC，這是一家有望重塑該州精品大麻領域的合資企業。
Price Action
股價變動
Grown Rouge closed Monday market session 17.74% higher at 73 cents per share.
Grown Rouge週一的收盤價爲每股73美分，高出17.74%。
Photo: Courtrsy of Anan Kaewkhammul via Shutterstock
照片：Shutterstock的Anan Kaewkhammul先生的禮貌。
譯文內容由第三人軟體翻譯。