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Canopy Growth | DEFA14A: Others

SEC announcement ·  Mar 11 16:25
Summary by Moomoo AI
Canopy Growth Corporation, a leading North American cannabis and consumer packaged goods company, has announced further details regarding a special resolution for shareholders to vote on. The resolution pertains to an amendment to the company's articles of incorporation to create and authorize the issuance of an unlimited number of new non-voting, non-participating exchangeable shares, and to restate the rights of the common shares to include a conversion feature. This feature would allow holders to convert common shares into exchangeable shares at any time. The vote on this amendment proposal is scheduled for a special meeting of Canopy Shareholders on April 12, 2024. If approved, the amendment will enable shareholders to convert their shares following the effective time of the...Show More
Canopy Growth Corporation, a leading North American cannabis and consumer packaged goods company, has announced further details regarding a special resolution for shareholders to vote on. The resolution pertains to an amendment to the company's articles of incorporation to create and authorize the issuance of an unlimited number of new non-voting, non-participating exchangeable shares, and to restate the rights of the common shares to include a conversion feature. This feature would allow holders to convert common shares into exchangeable shares at any time. The vote on this amendment proposal is scheduled for a special meeting of Canopy Shareholders on April 12, 2024. If approved, the amendment will enable shareholders to convert their shares following the effective time of the amendment. The company has provided Notices of Conversion for both common and exchangeable shares, which will be available on the company's website and filed with the SEC and Canadian regulators post-effective time. Shareholders have been encouraged to review the definitive proxy statement dated February 12, 2024, for more information and to vote by the deadline of April 10, 2024. Canopy Growth emphasizes the importance of shareholder votes, regardless of the number of shares owned, and has provided resources for voting assistance.

This announcement is a separate document:

Doc 1

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