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Canopy Growth | 424B3: Prospectus

SEC announcement ·  Apr 30 09:25
Summary by Moomoo AI
Canopy Growth Corporation, listed on the Nasdaq under the symbol CGC, filed a prospectus supplement on April 30, 2024, to update information in its previous prospectus dated July 28, 2023. The supplement includes details from a Current Report filed with the SEC on April 30, 2024, and pertains to the offering and sale of 13,218,453 common shares by selling securityholders. These shares were issued on various dates in 2022 and 2023 as part of agreements with Canopy Oak LLC, Lemurian, Inc., and other parties, including a Third Amendment to Tax Receivable Agreement. The document also references a high degree of risk associated with investing in Canopy Growth's common shares and incorporates by reference the risk factors from the company's Annual Report and other SEC filings. Additionally, the...Show More
Canopy Growth Corporation, listed on the Nasdaq under the symbol CGC, filed a prospectus supplement on April 30, 2024, to update information in its previous prospectus dated July 28, 2023. The supplement includes details from a Current Report filed with the SEC on April 30, 2024, and pertains to the offering and sale of 13,218,453 common shares by selling securityholders. These shares were issued on various dates in 2022 and 2023 as part of agreements with Canopy Oak LLC, Lemurian, Inc., and other parties, including a Third Amendment to Tax Receivable Agreement. The document also references a high degree of risk associated with investing in Canopy Growth's common shares and incorporates by reference the risk factors from the company's Annual Report and other SEC filings. Additionally, the prospectus supplement mentions an amendment to the Floating Share Arrangement Agreement with Canopy USA, LLC, and Acreage Holdings, Inc., extending the Exercise Outside Date and the date for exercising the Canopy Call Option to May 9, 2024. The completion of the Floating Share Arrangement is subject to certain conditions, and there is no certainty that the acquisition of Acreage will be completed.

This announcement is a separate document:

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