HEXO Raises $40 Million Selling Units at $0.77
Posted On April 8, 2020
- Hexo Corp. Announces C$40 Million Underwritten Public Offering
- today announced the pricing of its previously announced underwritten public offering (the Offering) of units of the Company (the Units) at a price of C$0.77 per Unit.
- The underwriters for the Offering have agreed to purchase 52,000,000 Units from the Company for total gross proceeds to the Company of approximately C$40 million.
- Canaccord Genuity Corp. and Canaccord Genuity LLC are acting as the lead underwriters for the Offering, together with a syndicate of underwriters.
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