TerrAscend Corp. (TER) (
CSE.TER) – a leading North American cannabis operator – has announced the closing of its previously announced non-brokered private placement.
In total 18,115,656 common shares in the capital of the Company were issued at the price of CDN$12.35 per Common Share, raising gross proceeds of CDN$224 million with 80% coming from four large U.S. institutional investors.
ATB Capital Markets Inc. acted as the Company's financial advisor on the Offering.
Full news release
here.
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