BLACKROCK Municipal Income TRUST V.BFK.P

ATM offering is NOT over until 2023

[Zaybure]

Dilution to continue until June 2023...
GLTA

HEXO Corp Announces At-the-Market Offering of up to C$150,000,000

GlobeNewswireMay 11, 2021 8:52 AM EDT

 

OTTAWA, May 11, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. (“ HEXO ”, or the “ Company ”) (TSX: HEXO; NYSE: HEXO) is pleased to announce that it has established an at-the-market equity program (the “ ATM Program ”) that allows the Company to issue and sell up to C$150,000,000 (or its U.S. dollar equivalent) of common shares in the capital of the Company (the “ Common Shares ”) from 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 “atthemarket distributions” as defined in the Canadian Securities Administrators’ National Instrument 44102  Shelf Distributions , including sales made through the Toronto Stock Exchange (the “ TSX ”), the New York Stock Exchange (the “ NYSE ”), 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 11, 2021 (the “ Distribution Agreement ”) entered into among the Company, A.G.P./Alliance Global Partners and BMO Capital Markets Corp., as U.S. agents, and BMO Nesbitt Burns Inc., as Canadian agent (collectively, the “ Agents “).

The volume and timing of distributions under the ATM Program, if any, will be determined in the Company’s sole discretion. The Common Shares will be distributed at the market prices prevailing at the time of each sale and, as a result, prices may vary as between purchasers and during the period of the ATM Program. The ATM Program will be effective until the earlier of the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program and June 7, 2023, unless terminated prior to such date by the Company or the Agents in accordance with the terms of the Distribution Agreement.