Greenrose Acquisition Corp

NASDAQ:GNRS   3:59:46 PM EDT
9.97
+0.02 (+0.20%)
Debt Financing / Related, Exchange Changes, Other Pre-Announcement

Greenrose Acquisition Corp To Acquire 4 Cannabis Companies

Published: 03/15/2021 13:34 GMT
Greenrose Acquisition Corp (GNRS) - :greenrose Acquisition Corp to Acquire 4 Cannabis Companies, Creating Vertically Integrated and Cash Flow Positive Platform Positioned for Significant Growth.
Greenrose Acquisition Corp - Total Initial Transaction Value of $210 Million, Maximum Earnout of $110 Million.
Greenrose Acquisition Corp - Intends to Raise $150 Million in Private Placement Consisting of a Mixture of Common Stock and Debt.
Greenrose Acquisition Corp - Pro Forma 2021 Revenue and Adjusted.
EBITDA Guidance of $158 Million and $56 Million, Respectively.
Greenrose Acquisition Corp - Prior to Closing Deal, Co Will Be Renamed the Greenrose Holding Company Inc & Expected to Transition Listing to Otcqx Best Market.
Greenrose Acquisition Corp - to Acquire Shango Holdings Inc, Futureworks Llc, Theraplant Llc, True Harvest Llc.