Wildeboer Dellelce LLP acted for Planet 13 in connection with the offering.
Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNHF), a leading vertically-integrated Nevada cannabis company, completed a public offering of 9,861,250 units at a price of $7.00 per Unit for aggregate gross proceeds of approximately $69 million.
The net proceeds from the Offering will be used by Planet 13 for potential acquisitions for purposes of retail, cultivation and production expansion outside of Nevada and for working capital and general corporate purposes.
The Offering was conducted by a syndicate of underwriters co-led by Beacon Securities Limited and Canaccord Genuity Corp.
Planet 13 Holdings, Inc. is a cannabis company based in Nevada, United States.
The Wildeboer Dellelce LLP team consisted of Charlie Malone (Picture), Ragu Anantharajah, Joel Fraser, Jessica Coco and Julian Lupo (corporate/securities) and Katy Pitch and Marija Tasevska (tax).
Involved fees earner: Ragu Anantharajah – Wildeboer Dellelce LLP; Jessica Coco – Wildeboer Dellelce LLP; Joel Fraser – Wildeboer Dellelce LLP; Charlie Malone – Wildeboer Dellelce LLP; Katy Pitch – Wildeboer Dellelce LLP; Marija Tasevska – Wildeboer Dellelce LLP;
Law Firms: Wildeboer Dellelce LLP;
Clients: Planet 13 Holdings Inc.;