Monday, August 4, 2025

Latest

Organigram Holdings Files C$500.0 Million Base Shelf Prospectus

Organigram Holdings (TSX: OGI) (NASDAQ: OGI) appears to be in search of additional funding. The company last night announced that it has filed a preliminary short form base shelf prospectus in Canada, along with an associated shelf registration statement in the United States.

Effectively, the prospectus is for a total figure of C$500.0 million. The company will now as a result of the filing, be eligible to raise up to that figure via the sale of a number of different instruments, which includes common shares, preferred shares, debt securities, subscription receipts, warrants, and units.

The base shelf prospectus is valid for a period of 25 months from the date of filing, with the company not yet indicating how much, if any, funds are to be raised under the prospectus. The prospectus was filed as a means of providing “flexibility for financing options to pursue the corporation’s objectives.”

Organigram Holdings last traded at $3.79 on the TSX.


Information for this briefing was found via Sedar and Organigram Holdings. 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.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Organigram: Consensus Analyst Estimates For Q2 2021

Organigram Holdings (TSX: OGI) (NASDAQ: OGI) will be reporting their fiscal second quarter on April...

Saturday, April 10, 2021, 01:35:00 PM

Organigram Sees Canaccord Raise Price Target To $3.25 After Earnings

On January 11th, Organigram Holdings (TSX: OGI) issued its second fiscal quarter of 2022. The...

Thursday, January 13, 2022, 03:48:00 PM

Organigram Posts Q4 Revenues of $20.4 Million, Loss Of $38.6 Million

Organigram Holdings (TSX: OGI) (NASDAQ: OGI) this morning reported its fourth quarter financials, with net...

Monday, November 30, 2020, 07:33:51 AM

Organigram, Delta 9 to Move to Toronto Stock Exchange

Organigram Holdings (TSXV: OGI) (NASDAQ: OGI) and Delta 9 Cannabis (TSXV: DN) both announced this...

Thursday, August 8, 2019, 09:20:13 PM

Organigram Announces $49.0 Million At-The-Market Program

Organigram Holdings (TSX: OGI) (NASDAQ: OGI) this morning announced a new at-the-market program to help...

Wednesday, April 22, 2020, 08:26:10 AM