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Planet 13 Announces Closing of C$69 Million Bought Deal Public Offering
February 2, 2021 GMT
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LAS VEGAS, NV / ACCESSWIRE / February 2, 2021 / Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE:PLTH)(OTCQX:PLNHF), a leading vertically-integrated Nevada cannabis company, is pleased to announce that it has completed its previously announced bought deal financing for aggregate gross proceeds of C$69,028,750 (the “Offering”).
A total of 9,861,250 units (the “Units”) of the Company were sold pursuant to the Offering, including an aggregate of 1,286,250 Units issued as a result of the full exercise of the over-allotment option (the “Over-Allotment Option”), at a price of C$7.00 per Unit.
Planet 13 Holdings: Planet 13 Announces Closing of C$69 Million Bought Deal Public Offering
LAS VEGAS, NV / ACCESSWIRE / February 2, 2021 / Planet 13 Holdings Inc. (
Planet 13 or the
Company ) (CSE:PLTH)(OTCQX:PLNHF), a leading vertically-integrated Nevada cannabis company, is pleased to announce that it has completed its previously announced bought deal financing for aggregate gross proceeds of C$69,028,750 (the
Offering ).
A total of 9,861,250 units (the
Units ) of the Company were sold pursuant to the Offering, including an aggregate of 1,286,250 Units issued as a result of the full exercise of the over-allotment option (the
Over-Allotment Option ), at a price of C$7.00 per Unit.
The Offering was conducted by a syndicate of underwriters co-led by Beacon Securities Limited and Canaccord Genuity Corp. (collectively, the