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Bullboard - Stock Discussion Forum Aleafia Health Inc ALEAF

Healthcare Cannabis
Aleafia Health Inc. is a federally licensed Canadian cannabis company offering cannabis products in Canadian adult-use and medical markets and in select international markets. The Company is engaged in the production, sale, and distribution of cannabis. It operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners which provide health and wellness services across... see more

GREY:ALEAF - Post Discussion

Aleafia Health Inc > Great news !! Looks like we will live on for a while yet :)
View:
Post by 1hot-techwoman on May 12, 2022 9:50am

Great news !! Looks like we will live on for a while yet :)

Aleafia Health Announces Agreement to Amend Convertible Debentures and Equity Financing of $5.6 Million

Thursday, May 12, 2022, 7:31 AM ET
 

Aleafia Health Announces Agreement to Amend Convertible Debentures and Equity Financing of $5.6 Million
 -- Transforms the company's balance sheet with an equity financing to fund growth and a favourable resolution to amend the key commercial terms of the Convertible Debentures -- Provides $11.6 million1 in additional liquidity to fund working capital and growth initiatives and finance the company attaining break-even Adjusted EBITDA profitability in 20222 -- Augments the refinancing profile extending the maturity of the Convertible Debentures from 2022 to between 2024 and 2028 -- Improves the cash flow profile with a 30 month no mandatory interest period for the Convertible Debentures -- Together with existing credit facilities, the transactions enable the Company to continue rapidly scaling into a top 10 Canadian LP3 while building high-margin medical and international businesses
Comment by Highandlows on May 12, 2022 10:26am
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Comment by Highandlows on May 12, 2022 11:26am
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Comment by Highandlows on May 12, 2022 2:05pm
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Comment by Highandlows on May 13, 2022 9:28am
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Comment by LarryCurlyandMo on May 13, 2022 9:38am
Highandlows/SumDumPhuc you don't do your cause any good when you post pages of this nonsense. Looks like you have something to hide.
Comment by Highandlows on May 13, 2022 10:01am
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Comment by Highandlows on May 21, 2022 10:08am
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Comment by Highandlows on May 25, 2022 3:07pm
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Comment by Highandlows on May 30, 2022 3:38pm
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Aleafia Health Inc
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