Glass House Brands accelerates warrant expiry to July 23, 2026

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Glass House Brands has elected to accelerate the expiry date of its Series B, C, and D share purchase warrants to July 23, 2026. The acceleration was triggered after the company's share price closed at or above US$12.00 for 10 trading days within a 15 consecutive trading day period, meeting the thresholds of 240% of the Series B and C exercise price and 200% of the Series D exercise price. Warrant holders now have until 5:00 p.m. Toronto time on July 23, 2026, to exercise their warrants, after which any unexercised warrants will automatically expire and become void.

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Glass House Brands Inc.
GLAS
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Company accelerates warrant expiry, potentially diluting existing shareholders if warrants are exercised