other material
confidence high
sentiment neutral
materiality 0.30
Canopy Growth extends deadline to acquire Acreage Holdings to April 30, 2024
Canopy Growth Corp
- Sixth amendment to floating share arrangement agreement pushes Exercise Outside Date from March 31 to April 30, 2024.
- Acquisition of Acreage by Canopy USA at 0.45 Canopy share per Floating Share still subject to closing conditions.
- Completion requires prior Canopy Capital Reorganization; no assurance conditions will be satisfied or waived.
- Amendment executed March 29, 2024 by Canopy Growth, Canopy USA, and Acreage.