Columbia Care To Raise CA$130M In Deal With Canaccord Genuity

Columbia Care Inc. (OTCQX: CCHWFintends to raise CA$130 million ($102.5 million) through a bought deal offering.

Under the deal with Canaccord Genuity Corp, the New York-based company agreed to sell a portion of its common shares to a syndicate of underwriters.

The underwriters opted to purchase some 16.1 million common shares of Columbia Care at CA$8.05 per share.

The offering is scheduled to close on or about Wednesday, Jan 13.

The …

Full story available on Benzinga.com

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