SLANG Worldwide Inc. (formerly Fire Cannabis Inc.)
$65,997,885.00
43,998,590.00 Common Shares at $1.50
Initial Public Offering - Closed
Company Description
SLANG Worldwide Inc. (formerly Fire Cannabis Inc.) is a branding and marketing company focused on developing reputable brands and quality hardware products that are synergistic with the cannabis business sector. SLANG is not currently a licenced distributor under the Cannabis Act and does not grow, manufacture, test, extract or distribute products that contain cannabis.
| Address: |
77 King Street West, Suite 400 Toronto, Ontario, M5K 0A1 Canada |
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| Phone Number: | 647 981 7249 |
| Fax Number: | |
| Website: |
| Industry: | Publishing, Advertising, Marketing |
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| Closing Date: | |
| 1st Day of Trading: | |
| Primary Symbol: | SLNG |
| Exchange: |
Proceeds
The net proceeds of the offering will be used for cash payable under Organa Brands Acquisition, maximum cash payable under Firefly Acquisition, transaction costs, estimated cash required to complete Acquisitions, escrowed funds, agents fee, expenses and costs relating to the prospectus.
| Gross Proceeds: | $65,997,885.00 |
|---|---|
| Underwrting Fees: | $3,659,873.10 |
| Expense Offering: | $1,500,000.00 |
| Net Proceeds: | $60,838,011.90 |
| Lead Underwriter: | Canaccord Genuity Corp. |
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| Other Underwriter(s): |
GMP Securities Ltd. Paradigm Capital Inc. |
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