Aleafia Health closes $14.95 million bought deal offering of units including full exercise of the Over-Allotment Option

On May 29, 2020, Aleafia Health Inc. (TSX: AH) announced that it had closed its previously announced bought deal offering of units for aggregate gross proceeds of $14,950,000, which included the full exercise of the over-allotment option.

The offering was led by Eight Capital on behalf of a syndicate of underwriters including Canaccord Genuity Corp., BMO Capital Markets, Leede Jones Gable Inc., Raymond James Ltd., Mackie Research Capital Corp., and PI Financial Corp.

Aleafia Health is a leading, vertically integrated health and wellness company offering health and wellness services and products in Canada and in international markets. Aleafia Health owns three significant licensed cannabis production facilities, including the first large-scale, legal outdoor cultivation facility in Canadian history. The company produces a diverse portfolio of commercially proven, high-margin derivative products including oils, capsules and sprays.

Gowling WLG was counsel to Aleafia Health in this offering with a team led by Jason A. Saltzman and Marek Lorenc and that included Kathleen Ritchie, Joseph McDonald and Ryan Cohen (corporate finance and securities) and Paul Carenza (tax), assisted by student-at-law Adam Sherman.


CECI NE CONSTITUE PAS UN AVIS JURIDIQUE. L'information qui est présentée dans le site Web sous quelque forme que ce soit est fournie à titre informatif uniquement. Elle ne constitue pas un avis juridique et ne devrait pas être interprétée comme tel. Aucun utilisateur ne devrait prendre ou négliger de prendre des décisions en se fiant uniquement à ces renseignements, ni ignorer les conseils juridiques d'un professionnel ou tarder à consulter un professionnel sur la base de ce qu'il a lu dans ce site Web. Les professionnels de Gowling WLG seront heureux de discuter avec l'utilisateur des différentes options possibles concernant certaines questions juridiques précises.