Brief: Village Farms International Announces Approximately Us$25 Million Registered Direct Offering

Village Farms International

26/01/2023 13:54

Jan 26 (Reuters) - Village Farms International Inc
 VFF.O :
    * VILLAGE FARMS INTERNATIONAL ANNOUNCES APPROXIMATELY US$25
MILLION REGISTERED DIRECT OFFERING
    * VILLAGE FARMS INTERNATIONAL - COMMON SHARES AND WARRANTS
ARE
BEING SOLD AT A COMBINED PURCHASE PRICE OF US$1.35 PER SHARE AND
ACCOMPANYING WARRANT
    * VILLAGE FARMS INTERNATIONAL - WARRANTS WILL HAVE EXERCISE
PRICE
OF $1.65, WILL BE EXERCISABLE BEGINNING SIX MONTHS FROM ISSUANCE
    * VILLAGE FARMS INTERNATIONAL INC - WARRANTS WILL EXPIRE
FIVE
YEARS FROM DATE OF INITIAL EXERCISABILITY
    * VILLAGE FARMS INTERNATIONAL - ENTERED INTO DEFINITIVE
AGREEMENTS
WITH CERTAIN INSTITUTIONAL INVESTORS FOR PURCHASE & SALE OF 18.4
MILLION OF COMMON SHARES

Source text for Eikon:  ID:nCNW9c0Xja 
Further company coverage:  VFF.O 
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