$15 Million raised at $0.65 ! Plus $29 Million from Aphria !With $57 Million in cash its a screaming buy at $0.52 IMO !!
Aleafia Health Announces Closing of $14.95 Million Bought Deal Offering, Including Full Exercise of the Over-Allotment Option
TORONTO, Ontario, May 29, 2020 – (TSX: AH) (OTC: ALEAF) Aleafia Health Inc. (“Aleafia Health” or the “Company”) is pleased to announce that it has closed its previously announced bought deal offering for a total issuance today of 23,000,000 units (the “Units”) of the Company at a price of $0.65 per Unit for aggregate gross proceeds of $14,950,000 (the “Offering”), which includes the full exercise of the over-allotment option. The Offering was led by Eight Capital on behalf of a syndicate of underwriters including Canaccord Genuity Corp., BMO Capital Markets, Leede Jones Gable Inc., Raymond James Ltd., Mackie Research Capital Corp., and PI Financial Corp. (together, the “Underwriters”).
Aleafia Health Announces Second Quarter 2020 Results
Wednesday, August 12, 2020, 7:00 AM ET
Aleafia Health Announces Second Quarter 2020 Results
-- $57.0M cash, cash equivalents and freely tradeable marketable securities
-- $3.0 million positive adjusted EBITDA