Halo Labs Inc. Completes $18 Million Prospectus OfferingApril 04, 2019
Halo Labs Inc. (NEO: HALO) completed a marketed public offering of unsecured convertible debenture units for aggregate gross proceeds of $18,143,000. In connection with the offering, Halo issued an additional $3,020,000 of units to satisfy and extinguish certain outstanding debt obligations.
Halo is a cannabis extraction company that develops and manufactures cannabis oils and concentrates with operations in California, Oregon, Nevada and Lesotho, Africa.
The offering was led by Canaccord Genuity Corp. along with syndicate of agents including Gravitas Securities Inc., Clarus Securities Inc., Cormark Securities Inc. and PI Financial Corp.
Wildeboer Dellelce LLP acted for the agents in connection with the offering with a team comprised of Perry Dellelce, Michael Rennie, Carlye Bellavia and Jessica Coco (corporate/securities) and Katy Pitch and Marija Tasevska (tax).
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