Planet 13 starts underwritten public offering of units; provides VidaCann acquisition pro forma financials

Planet 13 Holdings Inc.

Commenced underwritten public offering of units (common stock + warrant); Canaccord Genuity sole book-runner.
Pro forma combined revenue for nine months ended Sep 30, 2023: $100.3M; net loss $66.4M.
Pro forma full year 2022 revenue: $141.1M; net loss $61.3M.
Acquisition of VidaCann valued at ~$77.3M (78.46M shares, $4M cash, $5M notes); goodwill ~$55.4M.
Pending disposition of Planet 13 Florida (MMTC license) for $9M cash; expected close Q1/Q2 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.