High Tide 1:15 share rollback
2021-05-12 14:54 MT - Rollback
Pursuant to a special resolution passed by shareholders on July 24, 2019, the company has consolidated its capital on a one-new-for-15-old basis. The name of the company has not been changed.
Effective at the opening on Thursday, May 13, 2021, the common shares of High Tide Inc. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as an industrial company.
Postconsolidation
Capitalization: unlimited shares with no par value, of which 46,055,653 shares are issued and outstanding
Escrow: 1,943,547 shares subject to escrow
Transfer agent: Capital Transfer Agency ULC
Common shares
Trading symbol: HITI (unchanged)
Cusip No.: 42981E 40 1 (new)
Series of warrants (Series A warrants) set to expire on Feb. 6, 2023
Trading symbol: HITI.WT (unchanged)
Cusip No.: 42981E 12 0 (unchanged)
Effective at the opening on May 13, 2021, the exercise price for the Series A warrants of the company will be $4.35 per 0.824 common share on a postconsolidated basis.
Series of warrants (Series B warrants) set to expire on Feb. 22, 2024
Trading symbol: HITI.WR (unchanged)
Cusip No.: 42981E 13 8 (unchanged)
Effective at the opening on May 13, 2021, the exercise price for the Series B warrants of the company will be $8.70 per common share on a postconsolidated basis.
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