Published on 29 Mar 2024 on Benzinga
Canadian Cannabis Giant Sets Stage For Growth With $18.5M Public Offering - OrganiGram Holdings...
OrganiGram Holdings Inc. OGI OGI, a Toronto-based cannabis company, has officially announced the pricing of its overnight marketed public offering.
In collaboration with ATB Securities Inc. as the lead underwriter, OrganiGram is set to offer 7,740,000 units at CA$3.23 ($2.39) each. This decision is poised to inject approximately CA$25 million ($18.5 million) in gross proceeds, signaling a significant leap forward for the company's financial and growth strategy.