Organigram Closes Second Tranche of Previously Announced BAT Private Placement Investment
Organigram Holdings Inc. - Common Shares (OGI)
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm
Check Earnings Report
Company Research
Source: Business Wire
TORONTO--(BUSINESS WIRE)--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today that on August 30, 2024, the Company closed the second of three tranches (the “Second Tranche”) of the previously announced C$124,559,674 follow-on strategic equity investment (the “Investment”) by BT DE Investments Inc. (the “Investor”), a wholly owned subsidiary of British American Tobacco plc (“BAT”). Pursuant to the Second Tranche closing, the Investor acquired 4,429,740 common shares (the “Common Shares”) and 8,463,435 Class A preferred shares (the “Preferred Shares” and together with the Common Shares, the “Shares”) of the Company at a price of C$3.2203 per share (the “Per Share Price”) for gross proceeds of USD$30,821,684.69 (equal to C$41,519,891)1. The remaining 12,893,175 Shares subscribed for are due to be issued at the Per Share Price in the final tranche on or around February 28, 2025 (the “Third Tranche
Show less
Read more
Impact Snapshot
Event Time:
OGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OGI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OGI alerts
High impacting Organigram Holdings Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
OGI
News
- Organigram: Why I Still Like It [Seeking Alpha]Seeking Alpha
- The Top Cannabis Business Conference In The World, Benzinga Cannabis Capital Conference, Returns to Chicago With Industry Titans and Focus on Cannabis Legalization [Yahoo! Finance]Yahoo! Finance
- Organigram (OGI) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Organigram Holdings Inc. (OGI) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Organigram Reports Third Quarter Fiscal 2024 ResultsBusiness Wire
OGI
Sec Filings
- 9/3/24 - Form SC
- 9/3/24 - Form 6-K
- 8/13/24 - Form 6-K
- OGI's page on the SEC website