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Australis Capital Inc C.AUSA

Alternate Symbol(s):  AUSAF

Healthcare
Australis Capital Inc. is a multi-state operator in the cannabis industry in the United States. The Company is involved in the cannabis and horticultural industries in the United States and abroad. It is focused on brands and cannabis licenses in states with favorable economics. The Company also operates an engineering consulting firm. The Company advises on greenhouse design, build and operations throughout the world in cannabis and horticulture. Its operations range from providing sustainable cultivation design and optimization to retail storefronts, growing flowers in-house, and manufacturing brand, AUDACIOUS has products and solutions for everyone.


CSE:AUSA - Post by User

Australis Capital Inc
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Comment by Purplekushon Dec 20, 2019 5:10pm
200 Views
Post# 30478457

RE:RE:AGREEMENT AND PLAN OF MERGER POSTED ON SEDAR

RE:RE:AGREEMENT AND PLAN OF MERGER POSTED ON SEDAR
betsonvalue wrote:
chipper63 wrote: FYI


Looks to be written in Folium's favour. This should tell you all you need to know: 
"Section 5.04 No Solicitation of Other Bids." 

The deal is written to handcuff AUSA holders, otherwise it would be open to competing bids... 


Actually, that a pretty standard clause for any mergers.

All it's saying is Ausa won't go and solicit another company to compete with Folium and vice versa. Pretty standard. Without that clause, Ausa can go seek another partner with better terms and vice versa.

Didn't have time to read the entire thing yet but looks like it's just laying out broad terms and definitions. I'm more interested in Folium's books.



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Dealroom for high-potential pre-IPO opportunities