GREY:CVHIF - Post by User
Comment by
lscfaon Mar 22, 2021 7:32pm
134 Views
Post# 32855491
RE:RE:RE:RE:RE:RE:RE:Just Talked To My Brooker
RE:RE:RE:RE:RE:RE:RE:Just Talked To My Brooker 16. SUBSEQUENT EVENTS
Except as disclosed elsewhere in these consolidated financial statements the Company has the following subsequent events:
On November 9, 2020, the Company completed the acquisition of Portland Asset Holdings Corp. Vibe issued 3,112,092 shares and 1.2 million warrants exercisable for 12 months at a strike price of $0.62 (CAD) per share. The PAHC acquisition includes a retail dispensary license, a leased store location in the city of Portland, and working capital of approximately $1.2-million (CAD).
lscfa wrote:
There's no accelearation clause.
11b) Warrants
Pursuant to the acquisition of CAHC (Note 3(b)), the Company issued 800,000 warrants exercisable at $0.60 (CAD) expiring on September 17, 2021.
Trooperhobo wrote: Sept 21 and October 30 2020. Mgmt may accelrate the date if they see the warrants considerably in the money - just an observation based on other experiences. May not happen since we don't have the warrants in our accounts yet.