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Bullboard - Stock Discussion Forum Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes,... see more

TSX:LABS - Post Discussion

Medipharm Labs Corp > Additional purchase
View:
Post by Snowhouse on Apr 01, 2021 11:43pm

Additional purchase

Anybody knows if Cantor Fr. bought additional 7.5M units?

"The company has granted the underwriters an option to purchase up to an additional 7.5 million units, shares or warrants exercisable at any time, in whole or in part, for a period of 30 days following the closing of the offering."

Comment by lscfa on Apr 02, 2021 9:48am
The Company sold 57,500,000 Units at a price of $0.58 per Unit, including 7,500,000 Units sold pursuant to the exercise of the underwriters’ over-allotment option in full at closing.
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