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AYR Wellness Warrants Expire, Shares Convert

AYR Wellness Warrants Expire, Shares Convert

Ayr Wellness (TSE:AYR.A) has released an update.

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AYR Wellness Inc., a prominent vertically integrated cannabis company in the U.S., has announced the expiration of over 2.8 million warrants at $9.07 each and the one-for-one conversion of its Multiple Voting Shares into Equity Shares. This conversion took effect on May 24, 2024, exactly 60 months after the initial issuance of a Multiple Voting Share, aligning with the company’s amended and restated articles. AYR operates over 90 dispensaries and is known for its commitment to high-quality cannabis products and community engagement.

For further insights into TSE:AYR.A stock, check out TipRanks’ Stock Analysis page.

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