Examples of High Street Units in a sentence
Based on the number of issued and outstanding Acreage Shares (converted to Subordinate Voting Shares), High Street Units and USCo2 Shares as at the close of business on May 16, 2019 and asusming the proposed transaction is implemented prior to June 30, 2019.
If Acreage issues the maximum number of Acreage Securities and/or High Street Units permitted to be issued prior to the occurrence or waiver of the Triggering Event, following completion of the Acquisition existing Canopy Shareholders will own approximately 83.4% and existing Acreage Shareholders will own approximately 16.6% of the outstanding Canopy Shares, based on the number of securities of Canopy and Acreage issued and outstanding as of the Announcement Date.
High Street Units, or that local governmental authorities will not limit the applicability of state laws within their respective jurisdictions.
Based on the number of issued and outstanding Acreage Shares, High Street Units and USCo2 Shares on the Announcement Date (other than those owned or controlled by Acreage).The aggregate Consideration payable pursuant to the Plan of Arrangement based on the Exchange Ratio will not necessarily be a reflection of Acreage’s financial metrics or financial or operational performance.See “The Arrangement – Details of the Arrangement” and “Risk Factors – Exchange Ratio Risks”.