{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-005221","form_type":"8-K","ticker":"CGC","cik":"0001737927","company_name":"Canopy Growth Corp","filed_at":"2024-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.349309+00:00","generated_at":"2026-06-06T21:23:07.778690+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Canopy Growth raises $35M in upsized private placement; proceeds to pay down debt","bullets":["Sold 8.16M units at $4.29/unit for gross proceeds ~$35M; net proceeds ~$32.5M after fees.","Each unit includes 1 common share plus 1 warrant (Series A or B) to buy another share at $4.83; Series A warrants exercisable immediately, Series B after 6 months, both 5-year term.","Proceeds to be used to pay down debt as well as for working capital and other general corporate purposes.","Placement agents A.G.P./Alliance Global Partners and ATB Capital Markets USA Inc.; cash fee of 4.5% of gross proceeds.","Company entered into a registration rights agreement to register resale of the shares and warrant shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-005221","json":"https://secwatch.observer/filing/0001104659-24-005221.json","markdown":"https://secwatch.observer/filing/0001104659-24-005221.md","text":"https://secwatch.observer/filing/0001104659-24-005221.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1737927/000110465924005221/0001104659-24-005221-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1737927/000110465924005221/tm242252d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T21:23:07.778690+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a486b7f48c5ca80da4b717ef6c6995614568c564","claim":"Canopy Growth Corp entered into Subscription Agreements with certain institutional investors valued at US$35,000,000 (effective 2024-01-18).","evidence_excerpt":"On January 18, 2024, Canopy Growth Corporation (the “Company”), entered into Subscription Agreements (collectively, the “Subscription Agreements”) with certain institutional investors (collectively, the “Investors”) pursuant to which the Company agreed sell to the Investors an aggregate of 8,158,510 units (each a “Unit” and, collectively, the “Units”) of the Company at a price of $4.29 per Unit in a private placement (the “Private Placement”) for aggregate gross proceeds of approximately US$35,000,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1737927/000110465924005221/0001104659-24-005221-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Value","value":"US$35,000,000"},{"label":"Effective","value":"2024-01-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}