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Benzinga
Benzinga
Business
Vuk Zdinjak

Fire & Flower To Raise $16M In Private Placement And Loan Agreement With Alimentation Couche-Tard

Fire & Flower Holdings Corp. (OTCQX:FFLWF) (TSX:FAF) has entered into an amendment agreement with respect to certain amendments to the series C common share purchase warrants of the company issued to an indirect wholly-owned subsidiary of Alimentation Couche-Tard Inc. (OTCPK:ANCTF) In connection with the amendment agreement, ACT and the company have entered into: a loan agreement in respect of an $11 million principal amount loan to the company and a subscription agreement to purchase common shares of the company for aggregate proceeds of approximately $5 million.

ACT is currently the holder of 17.8 million series C warrants.

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