Cannabis Extraction Company Ayurcann To Merge With Arogo, Resulting In $210M Entity
Cannabis Extraction Company Ayurcann To Merge With Arogo, Resulting In $210M Entity
Canadian cannabis extraction company Ayurcann Holdings Corp. (CSE:AYUR) (OTCQB:AYURF) (FSE: 3ZQ0) and a special purpose acquisition company Arogo Capital Acquisition Corporation (NASDAQ:AOGO) entered into a definitive business combination agreement. The combined company will be worth $210 million.
加拿大大麻提取公司阿育坎控股公司（CSE: AYUR）（场外交易代码：AYURF）（FSE：3ZQ0）和一家特殊目的收购公司Arogo Capital Acquisital Acquisition Corporation（纳斯达克股票代码：AOGO）签订了最终的业务合并协议。合并后的公司将价值2.1亿美元。
"Ayurcann is one of the most innovative companies we have encountered, particularly in cannabis extraction and product development," stated Suradech Taweesaengsakulthai, CEO and director of Arogo. "With their impressive achievements and forward-looking plans, this business combination is set to drive the business onto a new growth trajectory, enhancing its capabilities and expanding the market reach in meaningful ways."
Arogo首席执行官兼董事Suradech Taweesaengsakulthai表示：“阿育康是我们遇到的最具创新性的公司之一，特别是在大麻提取和产品开发方面。”“凭借他们令人印象深刻的成就和前瞻性计划，这种业务合并将推动业务走上新的增长轨道，增强其能力并以有意义的方式扩大市场范围。”
Miami, Florida and Toronto, Canada-based cannabis company highlighted 100% year-over-year growth of gross revenue over the last three audited financial reporting years.
总部位于佛罗里达州迈阿密和加拿大多伦多的大麻公司强调，在过去三个经审计的财务报告年度中，总收入同比增长了100％。
Marijuana Extraction Company Ayurcann Reports 127.7% YoY Revenue Growth For The Third Quarter
大麻提取公司Ayurcann报告称，第三季度收入同比增长127.7％
"We are proud of our team for what we have achieved as a company," Igal Sudman, chief executive officer of Ayurcann stated. "The business combination with Arogo, is our next step in growing the company nationally while allowing us to also look for international opportunities."
阿育肯首席执行官伊加尔·苏德曼表示：“我们为我们的团队作为一家公司取得的成就感到自豪。”“与Arogo的业务合并是我们在全国范围内发展公司的下一步，同时也使我们能够寻找国际机会。”
Merger Highlights
合并亮点
Under the deal, Ayurcann will pay Arogo $19.6 million in cash. At the same time, it is expected that Ayrucann shareholders will benefit from "an implied pro forma enterprise value of approximately $210 million, at a price of $10.00 per share."
根据该协议，阿育肯将向Arogo支付1,960万美元的现金。同时，预计Ayrucann的股东将受益于 “隐含的预计企业价值约2.1亿美元，每股价格为10.00美元”。
The transaction is expected to close in the second half of 2024, subject to the receipt of all regulators, court, shareholders and other approvals, and the satisfaction or waiver of all customary closing conditions.
该交易预计将于2024年下半年完成，但须获得所有监管机构、法院、股东和其他方面的批准，并满足或放弃所有惯例成交条件。
Under the transaction, ARC Group Limited will receive finder's fees in the amount of 799,731 common shares of the company.
根据该交易，ARC集团有限公司将获得该公司799,731股普通股的发现费。
Currently there are 194.7 million Ayurcann shares. Upon the transaction, the company projects that 260 million shares will be issued and outstanding, which will be consolidated on a 10:1 ratio, resulting in around 26 million shares.
阿育肯目前有1.947亿股股票。交易后，该公司预计将发行和流通2.6亿股股票，这些股票将按10：1的比例进行合并，形成约2600万股。
Canadian Cannabis Companies Could See Valuations Soar By Up To 300% With Tax Reform, New Report Shows
新报告显示，通过税收改革，加拿大大麻公司的估值可能会飙升多达300％
Photo: Courtesy of Pasuwan via Shutterstock
照片：由 Pasuwan 通过 Shutterstock 提供