OrganiGram Holdings (TSE:OGI) has released an update.
OrganiGram Holdings Inc., a Canadian corporation, has entered into an agreement to issue 4,450,500 warrants, allowing holders to purchase common shares at a predetermined price. The warrants were created under an underwriting agreement that included the sale of 8,901,000 units, each comprising a common share and half a warrant. This initiative is part of a larger offering by OrganiGram, which includes an over-allotment option for underwriters, aimed at expanding the company’s financial capabilities.
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