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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Comment by jayjay2020on Nov 13, 2019 12:58pm
145 Views
Post# 30345968

RE:RE:APHRIA INC. US$500,000,000 COMMON SHARES WARRANTS

RE:RE:APHRIA INC. US$500,000,000 COMMON SHARES WARRANTS
Bestbuy8888 wrote: JV announcement 4sure Tomorrow!

Warrants are sold by companies as a way to raise capital. Although a company could sell stock to raise money, the Securities and Exchange Commission regulates the number of shares a company is allowed to issue. Some companies will issue warrants as a way to sweeten a deal during a takeover or restructuring.


Daredevil1964 wrote:

APHRIA INC.

US$500,000,000

COMMON SHARES
WARRANTS
SUBSCRIPTION RECEIPTS
DEBT SECURITIES
CONVERTIBLE SECURITIES
UNITS

The issued and outstanding Common Shares are traded on the TSX and on the NYSE under the symbol "APHA". On November 12, 2019, the last trading day prior to the date of this Prospectus, the closing price of the Common Shares was $6.27 and US$4.75 on the TSX and the NYSE, respectively.


This is a two year shelf.  They may never exercise this.  They are just keeping their options open. 

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