Manatt’s Thomas Poletti and Katherine Blair, partners in the firm’s capital markets group, advised A.G.P./Alliance Global Partners as exclusive placement agent in a $25 million registered direct offering of common shares and warrants by HEXO Corp., a consumer packaged cannabis-based products company.
The Company plans to utilize the net proceeds to be used for working capital and other general corporate purposes, in addition to funding its research and innovation strategies.
More information about the registered direct offering may be found here.