Canopy Growth extends Acreage acquisition deadline to Oct 31, 2023

Canopy Growth Corp

Third amendment to Floating Share Arrangement extends Exercise Outside Date from Aug 31 to Oct 31, 2023.
Amendment involves Canopy Growth, Canopy USA, and Acreage Holdings.
Completion remains subject to closing conditions, including Canopy Capital Reorganization.
No assurance that all conditions will be satisfied or waived.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

Canopy Growth Corp amended Floating Share Arrangement Agreement (Third Amendment) with Canopy USA, LLC; Acreage Holdings, Inc. valued at Extended Exercise Outside Date from August 31, 2023 to October 31, 2023 (effective 2023-08-31).

Action: amendment
Counterparty: Canopy USA, LLC; Acreage Holdings, Inc.
Value: Extended Exercise Outside Date from August 31, 2023 to October 31, 2023
Effective: 2023-08-31

Exact text from the filing

On August 31, 2023, the Company, Canopy USA and Acreage entered into a third amendment to the Floating Share Arrangement Agreement (the “ Amendment ”).

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Source: SEC EDGAR

accession 0001104659-23-097777

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