RE:SP increase Clearly, this will never happen. The will be sold ATM---The street will determine the sp...
EXO Corp. (NASDAQ:HEXO) (TSX:HEXO) has established an at-the-market equity program that allows the company to issue and sell up to $40 million of common shares in company capital from the treasury to the public, from time to time, at the company’s discretion.
All common shares sold under the ATM Program will be made through “at-the-market distributions” as defined in the Canadian Securities Administrators’ National Instrument 44-102 - Shelf Distributions, including sales made through the Toronto Stock Exchange, NASDAQ Capital Markets or any other recognized marketplace on which the common shares are listed, quoted or otherwise traded in Canada and the United States.
Distributions of the common shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement dated May 2, 2022 entered into among the company and Canaccord Genuity (OTCPK: CCORF).