The Toronto Stock Exchange reports that Canopy Growth Corp. will list additional common shares. As stated in its prospectus supplement dated Feb. 28, 2025, the company is issuing up to $200-million (U.S.) of shares to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.
According to the TSX, the ATM sales
will be made directly on the TSX, the
Nasdaq Global Select Market, or any other trading market for the
common shares in Canada or the United States, during the period
commencing Feb. 28, 2025, and ending upon termination of
the equity distribution agreement dated Feb. 28, 2025. As a
result of the ATM procedures, prices may vary as between
purchasers and during the period of distribution.
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