Post by
1hot-techwoman on Nov 04, 2024 7:04pm
Like I was saying Bring on Q3 :) $$$$
"We appreciate the continued support of our strategic partner Imperial who we now also welcome as our largest shareholder", said Hugo Alves, CEO Auxly. "The conversion improves the financial position of the Company by eliminating $123 million in debt and is expected to reduce our proforma 2024 annual interest and accretion expense by approximately $14 million. This is fantastic news for Auxly; we will continue to look for ways to strengthen our balance sheet and remain focused on delivering profitable growth with quality products and incredible teamwork."