HEXO Corp. (HEXO) Announces Proposed Public Offering

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HEXO Corp. (HEXO) Prices $140 Million Public Offering of Common Stock, Warrants

August 20, 2021 9:01 AM EDT

HEXO Corp (HEXO or the Company) (TSX: HEXO; NYSE: HEXO) today announced the pricing of its previously announced overnight marketed public offering (the "Offering") of units of the Company (the "Units"). The underwriters for the Offering have agreed to purchase 47,457,628 Units at a price of US$2.95 per Unit for total gross proceeds to the Company of approximately US$140 million, before deducting underwriting commissions and Offering expenses.

Each Unit will be comprised of one common share of the Company (a "Common... More