Sundial Growers

Sundial Growers Announces Closing of its US$20 Million Registered Offering

SNDL Profile

  • Sector: Process Industries
  • Industry: Agricultural Commodities/Milling
  • Employees: 1064

Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. The Cannabis segment includes legal cultivation and distribution of cannabis products under federally regulated licenses issued by Health Canada. The Ornamental Flowers segment covers the legacy operations of Bridge Farm. The Corporate segment represents corporate activities and items not allocated to reportable operating segments. The company was founded by Stanley J. Swiatek and is headquartered in Calgary, Canada.

Recent News

Sundial Growers Announces Closing of its US$20 Million Registered Offering

– Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that it has closed a best efforts underwritten registered offering of 25,820,000 Series A Units, each consisting of one common share and one Series A Warrant to purchase one common share and 14,280,000 Series B Units (and together with the Series B Units, theContinue reading “Sundial Growers Announces Closing of its US$20 Million Registered Offering”

Sundial Reports Second Quarter 2020 Financial Results

– Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for the second quarter ended June 30, 2020. All financial information in this press release is reported in millions of Canadian dollars, unless otherwise indicated. All references to cannabis operations refer to the continuing operations of the Company. With the dispositionContinue reading “Sundial Reports Second Quarter 2020 Financial Results”

Sundial Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance & Close of Bridge Farm Sale

Amends $79.3 million syndicated credit agreement Converts $73.2 million of term debt and interest into convertible notes Issues US$18.0 million in subordinated convertible notes Closes sale of Bridge Farm Group Cancels all previously issued shares and potential obligations under the original Bridge Farm acquisition agreement Sundial Growers Inc. (Nasdaq: SNDL) announced today that it has completed four transactions as a part ofContinue reading “Sundial Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance & Close of Bridge Farm Sale”

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