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Planet 13 Holdings Inc. Completes Prospectus Offering to Raise Aggregate Proceeds of $26.4 Million

Published: 12/04/2018

On December 4, 2018, Planet 13 Holdings Inc. completed a “bought deal” short form prospectus offering with a syndicate of underwriters led by Beacon Securities Limited and including Canaccord Genuity Corp. and Cormark Securities Inc. 

The offering consisted of the sale of 8,735,250 units at a price of $3.00 per unit and 425,000 warrants at a price of $0.44 per warrant for aggregate gross proceeds of approximately $26.4 million.

Cassels Brock acted for Planet 13.