HEXO Corp. Closes US$144.8 Million Underwritten Public Offering
Summary
Each full warrant is exercisable to acquire one common share of the Company for a period of 5 years following the closing date of the Offering at an exercise price of US$3.45 per share, subject to adjustment in certain events.A.G.P./Alliance Global Partners and Cantor Fitzgerald Canada Corporation acted as joint bookrunners for the Offering. The Company also serves the Colorado market through its Powered by HEXO\xae strategy and Truss CBD USA, a joint venture with Molson Coors. Forward-looking statements should not be read as guarantees of future performance or results.A more complete discussion of the risks and uncertainties facing the Company appears in the Prospectus Supplement, the Base Shelf Prospectus and the Registration Statement and in the Companys Annual Information Form and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.