Auxly stock falls a bit in today’s opening session after reducing its conversion price, due in January at the option of debtholders, to $0.74 a share, from $1.55.
Key DetailsIn a fresh development, Auxly Cannabis Group Inc (TSXV:XLY) (OTCQX:CBWTF) today announced that the TSX Venture Exchange has given Auxly the approval to amend the conversion rate on the $100 million CAD worth of debentures, which were originally meant to be converted at the rate of $1.55 per share.
Now, following this approval, the company is going to turn the rate of conversion to ...
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