Vext Engages PartnerCap Securities, LLC
Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, has entered into a Services Agreement with PartnerCap Securities, The agreement, effective September 23, 2024, engages PartnerCap to provide services including Investor Relations Activities such as research and publication services.
The initial term of the agreement is six months, with automatic three-month renewals thereafter. Vext will pay PartnerCap a cash fee of US$18,000 for the initial term and US$9,000 for each subsequent three-month renewal. Additional fees may apply for services beyond Investor Relations Activities.
PartnerCap is a FINRA registered brokerage firm based in Bluffton, South Carolina, and operates at arm's length from Vext.
Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF), un operatore di cannabis con sede negli Stati Uniti e operazioni verticali in Arizona e Ohio, ha stipulato un Contratto di Servizi con PartnerCap Securities. L'accordo, efficace dal 23 settembre 2024, coinvolge PartnerCap per fornire servizi inclusi nelle Attività di Relazioni con gli Investitori, come servizi di ricerca e pubblicazione.
Il termine iniziale dell'accordo è di sei mesi, con rinnovi automatici di tre mesi successivi. Vext pagherà a PartnerCap una commissione in contanti di US$18,000 per il termine iniziale e US$9,000 per ciascun rinnovo trimestrale successivo. Potrebbero essere previsti costi aggiuntivi per servizi al di là delle Attività di Relazioni con gli Investitori.
PartnerCap è una società di intermediazione registrata presso la FINRA con sede a Bluffton, Carolina del Sud, e opera in modo indipendente da Vext.
Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF), un operador de cannabis con sede en EE.UU. y operaciones verticales en Arizona y Ohio, ha firmado un Contrato de Servicios con PartnerCap Securities. El acuerdo, efectivo a partir del 23 de septiembre de 2024, contrata a PartnerCap para proporcionar servicios que incluyen Actividades de Relaciones con Inversores, como servicios de investigación y publicación.
El plazo inicial del acuerdo es de seis meses, con renovaciones automáticas cada tres meses después. Vext pagará a PartnerCap una tarifa en efectivo de US$18,000 por el plazo inicial y US$9,000 por cada renovación trimestral subsiguiente. Podrían aplicarse tarifas adicionales por servicios más allá de las Actividades de Relaciones con Inversores.
PartnerCap es una firma de corretaje registrada en FINRA con sede en Bluffton, Carolina del Sur, y opera de forma independiente de Vext.
Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF)는 미국에 본사를 두고 있으며 아리조나와 오하이오에서 수직적 운영을 하고 있는 대마초 기업으로, PartnerCap Securities와 서비스 계약을 체결했습니다. 이 계약은 2024년 9월 23일부터 시행되며, PartnerCap은 투자자 관계 활동과 같은 연구 및 출판 서비스를 제공하도록 약정되었습니다.
계약의 초기 기간은 6개월이며, 이후에는 3개월마다 자동으로 갱신됩니다. Vext는 초기 기간에 대해 PartnerCap에 18,000달러의 현금 수수료를 지급하고, 각 후속 3개월 갱신에 대해 9,000달러를 지급합니다. 투자자 관계 활동을 초과하는 서비스에 대해서는 추가 요금이 적용될 수 있습니다.
PartnerCap은 사우스캐롤라이나주 블러프턴에 본사를 둔 FINRA 등록 중개회사로, Vext와는 독립적으로 운영됩니다.
Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF), un opérateur de cannabis basé aux États-Unis avec des opérations verticales en Arizona et dans l'Ohio, a conclu un Contrat de Services avec PartnerCap Securities. Le contrat, qui entre en vigueur le 23 septembre 2024, engage PartnerCap à fournir des services, y compris des Activités de Relations avec les Investisseurs telles que des services de recherche et de publication.
La durée initiale de l'accord est de six mois, avec des renouvellements automatiques de trois mois par la suite. Vext paiera à PartnerCap un honoraire en espèces de 18 000 $US pour la durée initiale et 9 000 $US pour chaque renouvellement trimestriel suivant. Des frais supplémentaires peuvent s'appliquer pour des services au-delà des Activités de Relations avec les Investisseurs.
PartnerCap est une entreprise de courtage enregistrée auprès de la FINRA basée à Bluffton, Caroline du Sud, et opère de manière indépendante de Vext.
Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF), ein in den USA ansässiger Cannabisbetreiber mit vertikalen Betrieben in Arizona und Ohio, hat einen Dienstleistungsvertrag mit PartnerCap Securities abgeschlossen. Der am 23. September 2024 in Kraft tretende Vertrag beauftragt PartnerCap, Dienstleistungen einschließlich Investor-Relations-Aktivitäten wie Forschungs- und Publikationsdienste zu erbringen.
Die ursprüngliche Laufzeit des Vertrags beträgt sein Monate, mit automatischen Verlängerungen um drei Monate danach. Vext zahlt PartnerCap eine Bargeldgebühr von 18.000 US-Dollar für die ursprüngliche Laufzeit und 9.000 US-Dollar für jede nachfolgende dreimonatige Verlängerung. Es können zusätzliche Gebühren für Dienstleistungen über die Investor-Relations-Aktivitäten hinaus anfallen.
PartnerCap ist ein bei FINRA registriertes Maklerunternehmen mit Sitz in Bluffton, South Carolina, und agiert unabhängig von Vext.
- Engagement of professional investor relations services to potentially improve market visibility
- Flexible agreement structure with initial 6-month term and automatic 3-month renewals
- Additional cash expenses for investor relations services (US$18,000 initial term, US$9,000 per renewal)
- Potential for undefined additional costs for services beyond Investor Relations Activities
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it has entered into an agreement dated effective as of September 23, 2024 (the "Services Agreement") with PartnerCap Securities, LLC ("PartnerCap"), an affiliate of Partner Capital Group, pursuant to which PartnerCap will provide a number of services which may be considered "Investor Relations Activities" under the policies of the Canadian Securities Exchange, including but not limited to research and publication services. Such services may be delivered in a variety of different mediums through different platforms. The initial term of the Services Agreement will be a period of six months extending from the date of the Services Agreement (the "Initial Term") and the Services Agreement will automatically renew in subsequent three month periods, subject to earlier termination in accordance with its terms.
Pursuant to the Services Agreement, Vext will pay PartnerCap an aggregate cash fee of US
PartnerCap is a FINRA registered brokerage firm with an address at 25 Thurmond Way, Bluffton, South Carolina 29910 USA and can be contacted via e-mail at info@partnercap.com or via telephone at 212-737-7347. PartnerCap is arm's length to the Company.
For more details, contact the IR team at investors@vextscience.com.
About Vext Science, Inc.
Vext Science, Inc. is a U.S.-based cannabis operator with vertical operations in Arizona and Ohio. Vext's expertise spans from cultivation through to retail operations in its key markets. Based out of Arizona, Vext owns and operates state-of-the-art cultivation facilities, fully built-out manufacturing facilities as well as dispensaries in both Arizona and Ohio. The Company manufactures Vapen™, one of the leading THC concentrates, edibles, and distillate cartridge brands in Arizona. Its selection of award-winning products are created with Vext's in-house, high-quality flower and distributed across Arizona and Ohio, as well as through Vext's partnerships in other states. Vext's leadership team brings a proven track record of building and operating profitable multi-state operations, with the Company having operated profitably since 2016. The Company's primary focus is to continue growing in its core states of Arizona and Ohio, bringing together cutting-edge science, manufacturing, and marketing to provide a reliable and valuable customer experience while generating shareholder value.
Vext Science, Inc. is listed on the Canadian Securities Exchange under the symbol VEXT and trades on the OTCQX market under the symbol VEXTF. Learn more at www.vextscience.com and connect with Vext on Twitter/X and LinkedIn.
For more details on the Vapen brand:
Vapen website: VapenBrands.com
Instagram: @vapen
Facebook: @vapenbrands
Forward-Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Vext's periodic filings with Canadian securities regulators. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward-looking statements.
Forward-looking statements may include, without limitation, statements related to the Services Agreement, including but not limited to the provision of investor relations activities thereunder and the renewal thereof, and other statements regarding future developments and the business and operations of the Vext, all of which are subject to the risk factors contained in Vext's continuous disclosure filed on SEDAR+ at www.sedarplus.ca.
Although Vext has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; being engaged in activities currently considered illegal under U.S. Federal laws; change in laws; reliance on management; requirements for additional financing; competition; hindered market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.
There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. Because of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Vext disclaims any intention or obligation to update or revise such information, except as required by applicable law, and Vext does not assume any liability for disclosure relating to any other company mentioned herein.
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
Eric Offenberger
Chief Executive Officer
844-211-3725
For further information:
Jonathan Ross, Vext Investor Relations
jon.ross@loderockadvisors.com
416-244-9851
SOURCE: Vext Science, Inc
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224298
FAQ
What services will PartnerCap Securities provide to Vext Science (VEXTF) under the new agreement?
How much will Vext Science (VEXTF) pay PartnerCap for their services?
When does the Services Agreement between Vext Science (VEXTF) and PartnerCap Securities begin?
Is PartnerCap Securities related to Vext Science (VEXTF)?
