secwatch / observer
8-K filed July 7, 2023, 7:59 PM ET ticker TSNDF CIK 0001778129
other material confidence high sentiment positive materiality 0.60

TerrAscend closes $21M private placement, lists on TSX, changes OTC ticker

TerrAscend Corp.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TerrAscend Corp. entered into Subscription Agreement for Convertible Debentures with certain accredited investors valued at 100 senior unsecured convertible debentures at US$1,000 per debenture for aggregate gross proceeds o (effective 2023-06-30).

Action
entry
Agreement
notes offering
Counterparty
certain accredited investors
Value
100 senior unsecured convertible debentures at US$1,000 per debenture for aggregate gross proceeds o
Effective
2023-06-30
Exact text from the filing
(the “Company”) closed a third tranche of concurrent private placement offerings (the “Third Private Placements”) pursuant to the terms and conditions of those certain Subscription Agreements for Units (the “Equity Subscription Agreements”) and that certain Subscription Agreement for Convertible Debentures (the “Debenture Subscription Agreement”), each dated as of June 30, 2023, by and between the Company and certain accredited investors (the “Investors”) for total gross proceeds of approximately US$425,000 (CAD $562,700).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TerrAscend Corp. entered into Subscription Agreements for Units with certain accredited investors valued at 216,666 units at US$1.50 per unit for aggregate gross proceeds of approximately US$325,000; each uni (effective 2023-06-30).

Action
entry
Agreement
equity purchase
Counterparty
certain accredited investors
Value
216,666 units at US$1.50 per unit for aggregate gross proceeds of approximately US$325,000; each uni
Effective
2023-06-30
Exact text from the filing
(the “Company”) closed a third tranche of concurrent private placement offerings (the “Third Private Placements”) pursuant to the terms and conditions of those certain Subscription Agreements for Units (the “Equity Subscription Agreements”) and that certain Subscription Agreement for Convertible Debentures (the “Debenture Subscription Agreement”), each dated as of June 30, 2023, by and between the Company and certain accredited investors (the “Investors”) for total gross proceeds of approximately US$425,000 (CAD $562,700).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TerrAscend Corp. entered into Warrant Indenture dated June 30, 2023 with Odyssey Trust Company valued at Warrant indenture governing warrants issued as part of units; each warrant exercisable for one commo (effective 2023-06-30).

Action
entry
Agreement
notes offering
Counterparty
Odyssey Trust Company
Value
Warrant indenture governing warrants issued as part of units; each warrant exercisable for one commo
Effective
2023-06-30
Exact text from the filing
The Warrants are governed by the terms of a warrant indenture dated June 30, 2023 between Odyssey Trust Company, acting as warrant agent, and the Company (the "Warrant Indenture").
View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

TerrAscend Corp. filing history →

Source: SEC EDGAR
accession 0000950170-23-032179
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