Shares of Aurora Cannabis Inc. were down more than 10 per cent after the cannabis company announced plans to raise $33.8 million in a share offering.
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Aurora Cannabis to raise $33.8M in share offering, plans to repay convertible debtEDMONTON — Shares of Aurora Cannabis Inc. were down more than 10 per cent after the cannabis company announced plans to raise $33.8 million in a share offering. The company says Canaccord Genuity has agreed to buy, on a bought deal basis, 46,250,000 shares of the company at a price of 73 cents per share. It has also granted Canaccord Genuity an over-allotment option for up to an additional 6,937,500 shares on the same terms. If the over-allotment option is exercised in full, the offering will to
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Aurora Cannabis to raise $33.8M in share offering, plans to repay convertible debtEDMONTON — Shares of Aurora Cannabis Inc. were down more than 10 per cent after the cannabis company announced plans to raise $33.8 million in a share offering.
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Aurora Cannabis to raise $33.8-million in share offering, plans to repay convertible debtAurora Cannabis says Canaccord Genuity has agreed to buy, on a bought deal basis, 46,250,000 shares of the company at a price of 73 cents per share
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Cash-strapped Faraday Future's shares sink 20% on share sale plan(Reuters) - Shares of Faraday Future Intelligent Electric slumped in premarket trading on Wednesday, after the cash-strapped electric-vehicle company ...
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Cash-strapped Faraday Future's shares sink 20% on share sale planThe Los Angeles-based firm, which named insider Matthias Aydt its new global CEO last week, said it intended to use the proceeds for working capital that include ramping up production, repayment of debt and potential merger opportunities. Shares of the company, that has a market value of $45.75 million, dropped 20% to $1.94 in trading after closing at a record low of $2.46 on Tuesday.
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