Ayr Strategies Inc. - Warrants
Each Warrant is exercisable to purchase one Subordinate Voting Share at a price of C$11.50 per share, subject to certain adjustments. The Warrants expire on May 24, 2024, and Ayr may accelerate such expiry (except with respect to Warrants held by Mercer Park CB, L.P., the sponsor of CSAC) by providing 30 days’ notice in the event that the closing price of the Subordinate Voting Shares equals or exceeds C$18.00 (as may adjusted in accordance with the terms thereof) for any 20 trading days within a 30-day trading period, in which case the expiry date shall be the date which is 30 days following the date on which such notice is provided.
Ayr Strategies Inc. - Warrants (AYR.WT)
le 14 août/August 2019
Ayr Strategies Inc. has been approved for listing on the CSE.
Listing and disclosure documents will be available at www.thecse.com on the trading date.
Ayr is a vertically-integrated cannabis company in the United States focused on recreational and wellness applications, with an initial anchor portfolio of vertically-integrated operations in the Eastern and Western United States.