Will this make a SP differnece as some think? We'll see!
The Toronto Stock Exchange reports that Delta 9 Cannabis Inc. warrants will be delisted at the close on July 18, 2022. According to the TSX, the warrants will expire at 5 p.m. Toronto time on July 18, 2022. The Toronto Stock Exchange reports that Delta 9 Cannabis Inc.'s 8.5 per cent unsecured convertible debentures will be halted at the open and delisted at the close on July 18, 2022. According to the TSX, the debentures will mature on July 18, 2022. The company will pay $1,004,01 per $1,000 principal amount of debentures, representing $1,000 principal amount and $4.01 for accrued and unpaid interest thereon to, but excluding, the maturity date.
The TSX reports that the holders of the debentures may convert the debentures into shares of the company, at any time before the close on July 18, 2022, at $1.21 per share. This conversion price represents a conversion rate of approximately 826 shares per $1,000 principal amount of debentures. The TSX notes that trades in the debentures on July 14, 2022, and July 15, 2022, will settle on July 15, 2022.