Vireo Growth Inc. Announces $75 Million Financing and Acquisitions of Four Single State Operators [Yahoo! Finance]
Moelis & Company Class A (MC)
Last moelis & company class a earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
– Transactions would expand Vireo's operating footprint to 7 states, 9 cultivation facilities, and 48 dispensaries – – Combined new entity would have an estimated 2024 proforma revenue and EBITDA of approximately $394 million and $94 million, respectively – – Transaction includes proprietary Arches technology platform with demonstrated success driving legal market share – – John Mazarakis named CEO and Co-Executive Chairman; Tyson Macdonald named CFO, effective immediately – – Amber Shimpa will continue to serve as President of the Company and as CEO of Minnesota, Maryland, and New York – MINNEAPOLIS, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Vireo Growth Inc. ("Vireo" or the "Company") (CSE: VREO; OTCQX: VREOF), today announced that it has executed definitive documentation with certain investors in connection with a $75 million equity securities offering at $0.625 per Vireo subordinate voting share, with closing subject only to applicable CSE notice periods. Additionally, Vireo ha
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- Moelis & Company (NYSE: MC) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $86.00 price target on the stock, up previously from $71.00.MarketBeat
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MC
Earnings
- 10/23/24 - Beat
MC
Sec Filings
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- MC's page on the SEC website