Clever Leaves terminates $50M ATM equity distribution agreement with Canaccord Genuity

Clever Leaves Holdings Inc.

Equity Distribution Agreement for up to $50M in common share sales terminated effective April 26, 2024.
Company filed post-effective amendment to withdraw unsold securities from Registration Statement on Form S-3.
Notice of termination given to Canaccord Genuity LLC on April 16, 2024.

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

Clever Leaves Holdings Inc. terminated Equity Distribution Agreement with Canaccord Genuity LLC valued at $50,000,000 (effective 2024-04-26).

Action: termination
Agreement: atm program
Counterparty: Canaccord Genuity LLC
Value: $50,000,000
Effective: 2024-04-26

Exact text from the filing

On April 16, 2024, Clever Leaves Holdings Inc. (the “Company”) provided a notice to Canaccord Genuity LLC (“Canaccord”) to terminate that certain Equity Distribution Agreement, dated January 14, 2022, between the Company and Canaccord (the “Equity Distribution Agreement”).

View on SEC.gov

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

Source: SEC EDGAR

accession 0001819615-24-000040

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.