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Benzinga
Benzinga
Business
Vuk Zdinjak

Stem Holdings Completes Warrant And Debenture Repricing

STEM CSE

Stem Holdings, Inc. (OTCQX:STMH) (CSE:STEM) has received the approval of the holders of the warrants and the holders of the convertible debentures to reprice the convertible securities issued in connection with the company’s special warrant financing, which matured on June 27, 2022 and will mature September 14, 2022.

Share purchase warrants of the company will be issued in connection with this repricing at 167 common share warrants for each $1,000 debenture unit held priced at CA$0.20 ($0.15) per common share and the convertible debentures of the company issued in connection with the financing will be repriced to CA$0.10 per common share.

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