Flow Beverage Corp. Announces Amendment to Warrant Terms
- None.
- None.
Exercise Price Amendment
After giving effect to the Exercise Price Amendment, each Warrant issued on December 30, 2022 (the Series “D” Warrants) and June 30, 2023 (the Series “E” Warrants) will now be exercisable to purchase a subordinate voting share of the Company at a price of
Issue Date |
Number of Warrants |
Current Exercise Price |
Amended Exercise Price |
Expiry Date |
December 30, 2023 |
3,066,880 |
|
|
December 31, 2032 |
June 30, 2023 |
1,000,000 |
|
|
June 30, 2033 |
None of the Warrants are held by insiders of the Company.
The Toronto Stock Exchange has provided conditional approval on February 13, 2024, to the Exercise Price Amendment, with an effective date for the amendments of February 29, 2024.
About Flow Beverage Corp.
Flow is one of the fastest-growing premium water companies in
For more information on Flow, please visit Flow’s investor relations site at: investors.flowhydration.com.
Forward-Looking Statements
This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“Forward-Looking Statements). Such Forward-Looking Statements have been made by Flow in light of the information available to it at the time the statements were made and reflect its experience and perception of historical trends. All statements and information other than historical fact may be forward-looking statements. Such Forward-Looking Statements are often, but not always, identified by the use of words such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, “continue”, “expect”, “believe”, “anticipate”, “estimate”, “will”, “potential”, “proposed” and other similar words and expressions.
Forward-Looking Statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors, many of which are beyond Flow’s control, that could cause actual events, results, performance and achievements to differ materially from those anticipated in these Forward-Looking Statements. Forward-Looking Statements are provided for the purposes of assisting the reader in understanding Flow and its business, operations, prospects, and risks at a point in time in the context of historical and possible future developments, and the reader is therefore cautioned that such information may not be appropriate for other purposes. Forward-Looking Statements should not be read as guarantees of future performance or results. Readers are cautioned not to place undue reliance on these Forward-Looking Statements, which speak only as of the date of this press release. Unless otherwise noted or the context otherwise indicates, the Forward-Looking Statements contained herein are provided as of the date hereof, and the Company disclaims any intention or obligation, except to the extent required by law, to update or revise any Forward-Looking Statements as a result of new information or future events, or for any other reason.
This press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and consolidated financial statements and notes thereto as at and for the fiscal year ended October 31, 2023. Additional information about Flow is available on the Company’s profile on SEDAR+ at www.sedarplus.ca, including the Company’s Annual Information Form for the year ended October 31, 2023, dated January 29, 2024.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240214509504/en/
Trent
1-844-356-9426
investors@flowhydration.com
Investors:
Marc Charbin
investors@flowhydration.com
Media:
Natasha Koifman
nk@nkpr.net
Source: Flow Beverage Corp.
FAQ
What is the ticker symbol of Flow Beverage Corp.?
What is the Exercise Price Amendment announced by Flow Beverage Corp.?
When will the amended exercise prices be effective for the Warrants?
Who provided conditional approval for the Exercise Price Amendment?
