Acreage Holdings, Inc. Announces Completion of Business Combination [Canadian Business Journal (Canada)]
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Source: Canadian Business Journal
Acreage Holdings, Inc. Announces Completion of Business Combination CBJ Newsmakers TORONTO and NEW YORK, Nov. 14, 2018 (GLOBE NEWSWIRE) — Acreage Holdings, Inc., (the “ Company ” or “ Acreage ”), formerly Applied Inventions Management Corp., is pleased to announce that, further to its November 13, 2018 press release, its business combination with High Street Capital Partners, LLC (d/b/a Acreage Holdings) (the “ Business Combination ”) has been completed. In connection with the Business Combination, among other things, the 12,566,144 subscription receipts (the “ Subscription Receipts ”) issued by Acreage Finco B.C. Ltd. in contemplation of the Business Combination (the “ Offering ”) were ultimately exchanged for 12,566,144 Class A subordinate voting shares (the “ Subordinate Voting Shares ”) of the Company. Completion of the Business Combination and Escrow Release The Business Combination was completed in the manner described in the Company’s listing statement (the
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