Rubicon Organics prospectus offering
2021-02-26 17:41 MT - Prospectus Approved
Effective at the opening on March 2, 2021, the warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as an industrial company.
Corporate jurisdiction: British Columbia
Capitalization: 3,026,315 warrants are issued and outstanding
Transfer agent: Odyssey Trust Company
Trading symbol: ROMJ.WT
Cusip No.: 78112W142
The warrants were issued pursuant to the company's prospectus supplement dated Feb. 22, 2021, to the short form base shelf prospectus dated Dec. 29, 2020. One full warrant entitles the holder to purchase one share at a price of $5.30 per share and will expire three years from closing, subject to accelerated expiry stated below.
If, at any time prior to the expiry date of the warrants, the 20-trading-day volume weighted average closing price of the common shares on the TSX-V (or other applicable exchange) equals or exceeds $6.90, the company may, within 10 days of the occurrence of such event, deliver a notice to the holders of warrants, supplemented by way of a news release issued by the company, accelerating the expiry date of the warrants to the date that is 30 days following the date of such notice. Any unexercised warrants shall automatically expire at the end of the accelerated exercise period. |
