On March 17, 2023, CubicFarm Systems Corp. (TSX:CUB), a leading local chain agricultural technology company, closed its overnight marketed public offering of units (the “Units”).
The Offering was conducted on a best-efforts agency basis with Canaccord Genuity Corp. and Raymond James Ltd. as joint bookrunners and co-lead agents.
Each Unit consists of one common share of the Company (the “Common Share”) and one common share purchase warrant, entitling the holder to acquire one Common Share at an exercise price of C$0.10 for a period of 36 months from the closing date.
Fasken advised CubicFarms with a team led by Martin Ferreira Pinho (Corporate Finance & Securities) and Sabrina Chang (Corporate Finance & Securities).
Jurisdiction
- British Columbia
