Benzinga | Aug 31, 2021 05:15PM EDT

Organigram Holdings Files For Mixed Shelf Of Up To C$500M Of Common Shares

Organigram Holdings Inc. ("Organigram" or the "Corporation") (TSX:OGI) (NASDAQ:OGI) announced today that it has obtained a receipt for a final short form base shelf prospectus (the "Base Shelf Prospectus") filed with the securities commissions in each of the provinces and territories of Canada. A corresponding shelf registration statement on Form F-10 (the "Registration Statement") has been filed with the United States Securities and Exchange Commission (SEC File No. 333-257363), but is not yet effective.

The Base Shelf Prospectus enables Organigram to qualify the distribution of up to C$500,000,000 of common shares, preferred shares, debt securities, subscription receipts, warrants, and units during the 25-month period that the Base Shelf Prospectus remains effective. The specific terms of any future offering of securities will ?be established in a prospectus supplement filed with the applicable Canadian and US regulatory authorities. The Base Shelf Prospectus will provide flexibility for financing options to pursue the Corporation's objectives.

A copy of the Base Shelf Prospectus can be found on SEDAR at www.sedar.com and a copy of the Registration Statement can be found on EDGAR at www.sec.gov.