Ascend’s go-public transaction was announced only a few days ago.
The underwriters received an over-allotment option of up to 1.5 million shares, exercisable throughout the 30 days following the closing of the transaction.
The stock starts trading on the Canadian Securities Exchange today, Tuesday, May 4, under the “AAWH” ticker.
“We’re extremely proud that in just over three years, AWH has built one of the most attractive US cannabis companies in the market,” CEO Abner Kurtin said in an email.
Javier Hasse is a cannabis, hemp, CBD and psychedelics-focused reporter, currently serving as Managing Director for Benzinga Cannabis, and CEO of Spanish language news site El Planteo, a company he co-founded.