SEC Info℠ | Home | Search | My Interests | Help | Sign In | Please Sign In | ||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/22/21 High Tide Inc. 40FR12B 3/19/21 155:68M EdgarAgents LLC/FA |
Document/Exhibit Description Pages Size 1: 40FR12B Registration Statement by a Canadian Issuer HTML 123K 2: EX-99.1 MD&A Dated for the Year Ended October 31, 2019 HTML 176K 11: EX-99.10 Report of Exempt Distribution Excluding Schedule 1 HTML 39K of 45-106F1 Dated December 19, 2019 101: EX-99.100 News Release Dated December 14, 2020 HTML 49K 102: EX-99.101 News Release Dated December 29, 2020 HTML 48K 103: EX-99.102 News Release Dated January 4, 2021 HTML 46K 104: EX-99.103 News Release Dated January 7, 2021 HTML 46K 105: EX-99.104 Ni 44-101 Notice of Intent to Qualify Dated HTML 38K January 6, 2021 106: EX-99.105 News Release Dated January 10, 2021 HTML 46K 107: EX-99.106 Report of Exempt Distribution Excluding Schedule 1 HTML 38K of 45-106F1 Dated January 13, 2021 108: EX-99.107 Business Acquisition Report Dated January 15, 2021 HTML 46K 109: EX-99.108 News Release Dated January 22, 2021 HTML 43K 110: EX-99.109 News Release Dated January 25, 2021 HTML 55K 12: EX-99.11 News Release Dated December 27, 2019 HTML 46K 111: EX-99.110 News Release Dated February 1, 2021 HTML 47K 112: EX-99.111 News Release Dated February 1, 2021 HTML 43K 113: EX-99.112 News Release Dated February 2, 2021 HTML 48K 114: EX-99.113 Amended and Restated Bought Deal Offering of Units HTML 111K Dated February 2, 2021 115: EX-99.114 Cover Letter From Newsfile Corp. Dated February 2, HTML 40K 2021 116: EX-99.115 Letter From Foreign Issuer Dated February 2, 2021 HTML 38K 117: EX-99.116 Term Sheet Dated February 1, 2021 HTML 46K 118: EX-99.117 Amended and Restated Term Sheet Dated February 2, HTML 45K 2021 119: EX-99.118 Qualification Certificate Dated February 5, 2021 HTML 43K 120: EX-99.119 Preliminary Short Form Prospectus Dated February HTML 424K 5, 2021 13: EX-99.12 Loan Agreement Dated January 6, 2020 HTML 243K 121: EX-99.120 Decision Document Dated February 5, 2021 HTML 38K 122: EX-99.121 Marketing Materials Dated February 9, 2021 HTML 47K 123: EX-99.122 Other Material Contract(S) Dated February 9, 2021 HTML 123K 124: EX-99.123 News Release Dated February 10, 2021 HTML 44K 125: EX-99.124 News Release Dated February 16, 2021 HTML 46K 126: EX-99.125 Undertaking to File Documents and Material HTML 39K Contracts Dated February 16, 2021 127: EX-99.126 Government of Alberta Certificate of Amendment and HTML 52K Registration of Restated Articles 128: EX-99.127 Consent Letter of Underwriters' Legal Counsel HTML 42K Dated February 16, 2021 129: EX-99.128 Consent Letter of Issuer's Legal Counsel HTML 39K 130: EX-99.129 Auditors' Consent Letter Dated February 16, 2021 HTML 39K 14: EX-99.13 News Release Dated January 7, 2020 HTML 48K 131: EX-99.130 Auditors' Consent Letter Dated February 16, 2021 HTML 39K 132: EX-99.131 Underwriting or Agency Agreement Dated February HTML 303K 16, 2021 133: EX-99.132 Final Short Form Prospectus Dated February 16, HTML 440K 2021 134: EX-99.133 Decision Document Dated February 17, 2021 HTML 38K 135: EX-99.134 News Release Dated February 18, 2021 HTML 47K 136: EX-99.135 News Release Dated February 22, 2021 HTML 48K 137: EX-99.136 2021 Warrant Indenture Dated February 22, 2021 HTML 309K 138: EX-99.137 News Release Dated February 23, 2021 HTML 48K 139: EX-99.138 On Form 13-502F1 (Class 1 and 3B Reporting Issuers HTML 37K - Participation Fee) Dated March 1, 2021 140: EX-99.139 Consolidated Financial Statements for the Years HTML 485K Ended October 31, 2020 and 2019 15: EX-99.14 News Release Dated January 7, 2020 HTML 48K 141: EX-99.140 Ab Form 13-501F1 (Class 1 and 3B Reporting Issuers HTML 38K - Participation Fee) Dated March 1, 2021 142: EX-99.141 MD&A for the Year Ended October 31, 2020 HTML 152K 143: EX-99.142 52-109Fv1 - Certification of Annual Filings - CFO HTML 41K (E) Dated March 1, 2021 144: EX-99.143 52-109Fv1 - Certification of Annual Filings - CEO HTML 41K (E) Dated March 1, 2021 145: EX-99.144 News Release Dated March 1, 2021 HTML 76K 146: EX-99.145 News Release Dated March 4, 2021 HTML 44K 147: EX-99.146 News Release Dated March 5, 2021 HTML 43K 148: EX-99.147 News Release Dated March 8, 2021 HTML 44K 149: EX-99.148 News Release Dated March 10, 2021 HTML 43K 150: EX-99.149 Annual Information Form Dated March 5, 2021 HTML 410K 16: EX-99.15 Early Warning Report Dated January 9, 2020 HTML 61K 151: EX-99.150 52-109F1 - Aif - Certification of Filings With HTML 41K Voluntarily Filed Aif - CFO (E) Dated March 11, 2021 152: EX-99.151 52-109F1 - Aif - Certification of Filings With HTML 42K Voluntarily Filed Aif - CEO (E) Dated March 11, 2021 153: EX-99.152 News Release Dated March 15, 2021 HTML 43K 154: EX-99.153 Consent of Independent Registered Public HTML 38K Accounting Firm Dated March 19, 2021 From Mnp LLP 155: EX-99.154 Consent of Independent Registered Public HTML 38K Accounting Firm Dated March 19, 2021 From Ernst & Young LLP 17: EX-99.16 Report of Exempt Distribution Excluding Schedule 1 HTML 38K of 45-106F1 Dated January 16, 2020 18: EX-99.17 News Release Dated January 27, 2020 HTML 49K 19: EX-99.18 News Release Dated January 28, 2020 HTML 48K 20: EX-99.19 News Release Dated January 31, 2020 HTML 46K 3: EX-99.2 News Release Dated November 7, 2019 HTML 45K 21: EX-99.20 Condensed Interim Consolidated Financial HTML 330K Statements for the Three Months Ended January 31, 2020 and 2019 22: EX-99.21 MD&A for the Three Months Ended January 31, 2020 HTML 144K and 2019 23: EX-99.22 Report of Exempt Distribution Excluding Schedule 1 HTML 39K of 45-106F1 Dated February 6, 2020 24: EX-99.23 News Release Dated February 14, 2020 HTML 50K 25: EX-99.24 News Release Dated February 21, 2020 HTML 48K 26: EX-99.25 On Form 13-502F1 (Class 1 and 3B Reporting HTML 37K Issueers - Participation Fee) Dated February 28, 2020 27: EX-99.26 Audited Annual Financial Statements Dated February HTML 437K 28, 2020 28: EX-99.27 Ab Form 13-501F1 (Class 1 and 3B Reporting Issuers HTML 37K - Participation Fee) Dated February 27, 2020 29: EX-99.28 51-109Fv1 - Certification of Annual Filings - CFO HTML 41K (E) Dated February 28, 2020 30: EX-99.29 51-109Fv1 - Certification of Annual Filings - CEO HTML 41K (E) Dated February 28, 2020 4: EX-99.3 News Release Dated November 15, 2019 HTML 45K 31: EX-99.30 News Release Dated March 2, 2020 HTML 74K 32: EX-99.31 News Release Dated March 31, 2020 HTML 61K 33: EX-99.32 52-109Fv2 - Certification of Interim Filings - CFO HTML 41K (E) Dated March 30, 2020 34: EX-99.33 52-109Fv2 - Certification of Interim Filings - CEO HTML 41K (E) Dated March 30, 2020 35: EX-99.34 News Release Dated April 6, 2020 HTML 46K 36: EX-99.35 News Release Dated April 8, 2020 HTML 45K 37: EX-99.36 News Release Dated April 13, 2020 HTML 44K 38: EX-99.37 News Release Dated April 20, 2020 HTML 45K 39: EX-99.38 News Release Dated April 22, 2020 HTML 45K 40: EX-99.39 Condensed Interim Consolidated Financial HTML 386K Statements for the Three and Six Months Ended April 30, 2020 and 2019 5: EX-99.4 News Release Dated November 21, 2019 HTML 47K 41: EX-99.40 MD&A for the Three and Six Months Ended April 30, HTML 164K 2020 and 2019 42: EX-99.41 Report of Exempt Distribution Excluding Schedule 1 HTML 40K of 45-106F1 Dated May 1, 2020 43: EX-99.42 News Release Dated May 4, 2020 HTML 45K 44: EX-99.43 News Release Dated May 8, 2020 HTML 44K 45: EX-99.44 News Release Dated May 14, 2020 HTML 44K 46: EX-99.45 Notice of the Meeting and Record Dated, Dated May HTML 42K 21, 2020 47: EX-99.46 News Release Dated May 25, 2020 HTML 44K 48: EX-99.47 News Release Dated June 9, 2020 HTML 44K 49: EX-99.48 News Release Dated June 15, 2020 HTML 39K 50: EX-99.49 News Release Dated June 17, 2020 HTML 65K 6: EX-99.5 Report of Exempt Distribution Excluding Schedule 1 HTML 86K of 45-106F1 51: EX-99.50 52-109Fv1 - Certification of Interim Filings - CFO HTML 41K (E) Dated June 16, 2020 52: EX-99.51 52-109Fv1 - Certification of Interim Filings - CEO HTML 41K (E) Dated June 16, 2020 53: EX-99.52 Notice of Meeting Dated June 19, 2020 HTML 42K 54: EX-99.53 Management Information Circular Dated June 19, HTML 176K 2020 55: EX-99.54 Form of Proxy HTML 48K 56: EX-99.55 Report of Exempt Distribution Excluding Schedule 1 HTML 40K of 45-106F1 Dated July 2, 2020 57: EX-99.56 Security Agreement Dated July 22, 2020 HTML 144K 58: EX-99.57 Debt Restructuring Agreement Dated July 22, 2020 HTML 84K 59: EX-99.58 News Release Dated July 24, 2020 HTML 48K 60: EX-99.59 News Release Dated July 31, 2020 HTML 46K 7: EX-99.6 News Release Dated November 27, 2019 HTML 44K 61: EX-99.60 Letter From Former Auditor Dated July 31, 2020 HTML 38K 62: EX-99.61 Notice of Change of Auditor Dated July 31, 2020 HTML 39K 63: EX-99.62 Condensed Interim Consolidated Financial HTML 401K Statements for the Three and Nine Months Ended July 31, 2020 and 2019 64: EX-99.63 MD&A for the Three and Nine Months Ended July 31, HTML 155K 2020 and 2019 65: EX-99.64 Letter From Ernst & Young Regarding Change of HTML 38K Auditor Notice Dated July 31, 2020 66: EX-99.65 News Release Dated August 7, 2020 HTML 43K 67: EX-99.66 News Release Dated August 10, 2020 HTML 43K 68: EX-99.67 Arrangement Agreement Dated August 20, 2020 HTML 465K 69: EX-99.68 Support and Voting Agreement Dated August 20, 2020 HTML 81K 70: EX-99.69 News Release Dated August 21, 2020 HTML 61K 8: EX-99.7 News Release Dated December 5, 2019 HTML 45K 71: EX-99.70 Material Change Report Dated August 28, 2020 HTML 50K 72: EX-99.71 Amended and Restated Asset Purchase Agreement HTML 205K Dated September 1, 2020 73: EX-99.72 News Release Dated September 1, 2020 HTML 50K 74: EX-99.73 News Release Dated September 1, 2020 HTML 50K 75: EX-99.74 News Release Dated September 8, 2020 HTML 43K 76: EX-99.75 News Release Dated September 14, 2020 HTML 43K 77: EX-99.76 52-109Fv2 - Certification of Interim Filings - CFO HTML 41K (E) Dated September 16, 2020 78: EX-99.77 52-109Fv2 - Certification of Interim Filings - CEO HTML 41K (E) Dated September 16, 2020 79: EX-99.78 News Release Dated September 16, 2020 HTML 68K 80: EX-99.79 News Release Dated September 16, 2020 HTML 70K 9: EX-99.8 Share Purchase Agreement Dated December 9, 2019 HTML 157K 81: EX-99.80 News Release Dated September 22, 2020 HTML 47K 82: EX-99.81 Management Information Circular Dated September HTML 1.08M 23, 2020 83: EX-99.82 Report of Exempt Distribution Excluding Schedule 1 HTML 85K of 45-106F1 (Amended) Dated October 19, 2020 84: EX-99.83 News Release Dated October 28, 2020 HTML 47K 85: EX-99.84 News Release Dated November 3, 2020 HTML 44K 86: EX-99.85 First Supplemental Warrant Indenture Dated HTML 107K November 16, 2020 87: EX-99.86 First Supplemental Debenture Indenture Dated HTML 78K November 16, 2020 88: EX-99.87 News Release Dated November 17, 2020 HTML 46K 89: EX-99.88 News Release Dated November 17, 2020 HTML 46K 90: EX-99.89 Support and Voting Agreement Dated November 18, HTML 76K 2020 10: EX-99.9 News Release Dated December 10, 2019 HTML 49K 91: EX-99.90 Articles of Arrangement Dated November 18, 2020 HTML 142K 92: EX-99.91 News Release Dated November 23, 2020 HTML 44K 93: EX-99.92 News Release Dated November 25, 2020 HTML 44K 94: EX-99.93 Material Change Report Dated November 25, 2020 HTML 45K 95: EX-99.94 News Release Dated November 30, 2020 HTML 49K 96: EX-99.95 News Release Dated December 3, 2020 HTML 43K 97: EX-99.96 Report of Exempt Distribution Excluding Schedule 1 HTML 41K of 45-106F1 Dated December 4, 2020 98: EX-99.97 News Release Dated December 8, 2020 HTML 43K 99: EX-99.98 News Release Dated December 9, 2020 HTML 45K 100: EX-99.99 Report of Exempt Distribution Excluding Schedule 1 HTML 41K of 45-106F1 Dated December 10, 2020
EXHIBIT 99.112
FOR IMMEDIATE RELEASE
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
HIGH TIDE ANNOUNCES UPSIZED BOUGHT DEAL EQUITY FINANCING TO $20 MILLION
Calgary, AB, February 2, 2021 / CNW / − High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has entered into an amended letter agreement with ATB Capital Markets Inc. (“ATB”) and Echelon Wealth Partners Inc. (“Echelon”), on behalf of a syndicate of underwriters (together, the “Underwriters”), to increase the size of the previously announced “bought deal” short-form prospectus offering of units of the Company (the “Units”), to 41,666,666 Units at a price of $0.48 per Unit (the “Issue Price”) for aggregate gross proceeds of approximately $20,000,000 (the “Offering”).
Each Unit will be comprised of one common share of the Company (a “Common Share”) and one half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of
$0.58, for a period of 36 months following the closing of the Offering.
The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If this option is exercised in full, approximately $3,000,000 in additional proceeds will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be approximately $23,000,000.
The Company intends to use the net proceeds of the Offering for opening new retail cannabis store locations, completing strategic acquisitions, general corporate and working capital purposes, and for such other purposes as to be described in the Prospectus (as defined below).
The closing date of the Offering is scheduled to be on or about February 23, 2021, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the applicable securities regulatory authorities and the TSX Venture Exchange (“TSXV”).
The Units will be offered by way of a short form prospectus (the “Prospectus”) to be filed in those provinces and territories of Canada as the Underwriters may designate (except Quebec) pursuant to National Instrument 44-101 – Short Form Prospectus Distributions and may be offered in the United States on a private placement basis pursuant to an appropriate exemption from the registration requirements under applicable U.S. law.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.
C:
ABOUT HIGH TIDE
High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 69 current locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide’s retail segment features the Canna Cabana, KushBar, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity.com and CBDcity.com, and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide’s strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Aphria Inc. (TSX:APHA) (NYSE:APHA) and Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB).
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains “forward-looking statements”, within the meaning of applicable securities laws. Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the control of High Tide. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, forward looking statements in this news release include, but are not limited to, statements with respect to (i) the anticipated timing of the closing of the Offering and the pricing thereof, (ii) the anticipated use of proceeds, and (iii) the receipt of regulatory approvals, including the approval of the TSXV. These statements are only predictions, and various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Readers are cautioned that the assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, forecasts or projections to differ materially from those anticipated in, or implied by, such forward-looking statements, including, but not limited to: (i) High Tide’s inability to complete the Offering on the terms and within the timelines anticipated, (ii) High Tide’s inability to obtain the required regulatory approvals to complete the Offering on the proposed terms and timeline, (iii) unanticipated developments in the general economic, financial market, legislative, regulatory, competitive and political conditions in which High Tide operates, (iv) increased competition and market volatility, (v) the occurrence of natural and unnatural catastrophic events and claims resulting from such events, and (vi) risks related to or arising from the COVID-19 pandemic, including a deterioration of general economic and market conditions. In addition, new factors emerge from time to time, and it is not possible for management of High Tide to predict all of those factors or to assess in advance the impact of each such factor on High Tide’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. The forward- looking statements in this news release are based on information currently available and what management of High Tide believes are reasonable assumptions. The purpose of such forward- looking statements is solely to provide readers with a description of the expectations of the management of High Tide as of the date hereof, and such forward-looking statements may not be appropriate for any other purpose.
C:
C: 2
Readers are cautioned not to place undue reliance on forward-looking information contained in this news release. Except as may be required by applicable securities laws, High Tide does not undertake any obligation to publicly update or revise any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
CONTACT INFORMATION
High Tide Inc.
Vahan Ajamian
Vice President, Capital Markets ir@hightideinc.com
Tel. 1 (403) 770-9435; extension 116
3
This ‘40FR12B’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed as of: | 3/22/21 | F-X | ||
Filed on: | 3/19/21 | |||
2/23/21 | ||||
2/2/21 | ||||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 9/20/21 High Tide Inc. F-10/A 9/17/21 28:2.9M Newsfile Corp./FA 9/17/21 High Tide Inc. F-10 27:2.9M Newsfile Corp./FA 5/28/21 High Tide Inc. 40FR12B/A 4:664K EdgarAgents LLC/FA 5/25/21 High Tide Inc. 40FR12B/A 43:7.1M EdgarAgents LLC/FA 4/01/21 High Tide Inc. 40FR12B/A 14:3.5M EdgarAgents LLC/FA |