Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.

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Zenabis Global Inc. > A question please.

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Comment by mydogchachon Jan 08, 2021 9:07pm

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RE:RE:A question please.

Jimmy713 - (1/8/2021 8:44:25 PM)
RE:A question please.

Gandalf123 wrote:If Zenabis was to be bought out by another company, would zenabis still be responsible for its warrants and options or are those closed out? thanks.

if not expired, it should get converted.

Looks like Jimmy is buzzeled again.
Warrants and options are different, but I guess depending on the wording in the agreements - Zena/the merged company would be obligated to honor it's commitment
I'd think if there was a merger - where as an example, a Zena investor got 1 share of Sundial for every 1,000 shares of Zena they owned in the new company - the warrant/option/price would be pro-rated accordingly?
Also - I'd think this would be part of the discussions and negotiations leading to the agreement and some of these transactions might just be cancelled altogether, so unless a corporate/merger lawyer is on this board.....

Unless of course, like Jimmy says.............it was expired
hahahahahahahahahaha - thanks Jimmy.

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