Saturday, September 6, 2025

Ayr Strategies Files C$500.0 Million Base Shelf Prospectus

Ayr Strategies (CSE: AYR.A) this morning announced that it has filed a C$500.0 million preliminary base shelf prospectus, although the filing is not yet available on Sedar at the time of writing. The filing was conducted as a means of providing Ayr with “the flexibility to take advantage of financing opportunities and favourable market conditions.”

The filing notably comes after the company completed a US$110 million senior secured note financing with no convert option, while also exercising US$25 million in outstanding warrants. The filing is applicable to subordinate voting shares, restricted voting shares, limited voting shares, subscription receipts, convertible and debt securities, and other forms of financing, with the company able to raise $500.0 million in aggregate.

Notably, the company specifically outlined that the prospectus is also valid for at-the-market distributions, identifying this in a manner that might provide foreshadowing for future planned funding sources. No arrangement has been entered as of yet however.

The company has indicated that proceeds from any financing are to be used for a number of purposes including capital project, internal expansions, acquisitions, and general corporate purposes.

Ayr Strategies last traded at $28.00 on the CSE.


Information for this briefing was found via Sedar and Ayr Strategies. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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