2023-12-08 14:15:12

Avant Brands Wins Bid To Purchase The Flowr Group Okanagan - The Flowr (OTC:FLWPF), Avant Brands (OTC:AVT

Logo Benzinga
Benzinga
By Vuk Zdinjak

Avant Brands Inc. AVTBF AVNT(FRA:1BU0), announced that Avant Brands K1 Inc. (formerly 1000343100 Ontario Inc.), an entity of which Avant owns 50% of the issued and outstanding shares, has entered into a definitive purchase agreement to acquire all of the issued and outstanding shares in the capital of The Flowr Group (Okanagan) Inc., a subsidiary of The Flowr Corporation FLWPF, in connection with the Flowr group's proceedings under the Companies' Creditors Arrangement Act and its related sales and investment solicitation process.

The Flowr Okanagan facility would increase Avant's overall square footage of cultivation facilities to approximately 185,000 square feet, and thereby increasing Avant's annual production capacity by approximately 60%.

The purchase agreement was entered into between the purchaser, Flowr Okanagan and The Flowr Canada Holdings ULC following completion of an auction process in connection with the sales and investment solicitation process for the Flowr group conducted on December 1, 2022.

Continue read on benzinga.com

Logo GlobeNewswire
Amsterdam, the Netherlands - Flow Traders N.V. (Flow Traders) (Euronext: FLOW) has repurchased 53,472 of its own shares in the period from 1 Dec em ber 2 02...

Logo Benzinga
Business / FinanceBy Globe Newswire2023-12-07 18:30:00
Amsterdam, the Netherlands - Flow Traders N.V. ("Flow Traders") FLOW has repurchased 53,472 of its own shares in the period from 1 Dec em ber 2 02 2 up to...

Logo PR Newswire
DALLAS, Dec. 7, 2022 /PRNewswire/ -- ROC Energy Acquisition Corp. (Nasdaq: ROC) (the "Company") announced today that an affiliate of ROC Energy Holdings LLC...

Logo Bloomberg
TechnologyBy Gillian Tan2023-12-07 22:47:18
A group of Arco Platform Ltd. shareholders sent a letter to directors urging them to reject a deal to take the company private, according to a copy of the...

Logo GlobeNewswire
NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the...

Logo Benzinga
MarketsBy Lisa Levin2023-12-08 11:29:02
U.S. stock futures traded slightly higher this morning. Here are some big stocks recording gains in todays pre-market trading session. Studio City...

Logo GlobeNewswire
~ Over the past 20 years, the Company has grown the business to be the largest cold pressing oil plant in Australia, pressing strictly GMO free conventional...

Logo PR Newswire
EconomyPress Release2023-12-07 15:00:00
LOS ANGELES, Dec. 7, 2022 /PRNewswire/ -- Vance Street Capital LLC ("Vance Street") is pleased to announce it has completed the simultaneous sale of...

Logo Benzinga
Business / FinanceBy Acn Newswire2023-12-08 10:41:04
KUALA LUMPUR, Dec 8, 2023 - (ACN Newswire) - Propel Global Berhad MAIN PGB, 0091), provider of oil and gas supporting services such as well services,...

Logo The Business Journals
Technology2023-12-07 20:31:43
The funding in the form of corporate debt and redeemable preferred equity will be used to support the platform through its next phase of growth.

Logo Benzinga
Business / FinanceBy Business Wire2023-12-08 11:01:00
Capitalizes on Strength of EXPR as a Fully Integrated Omnichannel Platform and WHP Expertise in Acquiring and Growing Global Consumer Brands to Drive Growth...

Logo PR Newswire
NEW YORK, Dec. 8, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Enviva Inc. ("Enviva" or the "Company") (NYSE: EVA) of a class action...

Logo Benzinga
Business / FinanceBy Pr Newswire2023-12-07 14:38:00
Two well-established firms unite to expand Industrial and OEM product options to customers HOUSTON, Dec. 7, 2022 /PRNewswire/ -- Greg Baker, CEO/President of...

Logo PR Newswire
Two well-established firms unite to expand Industrial and OEM product options to customers HOUSTON, Dec. 7, 2022 /PRNewswire/ -- Greg Baker, CEO/President of...

Logo Nasdaq
MarketsBy Fintel2023-12-08 03:48:36
Koch Industries-owned Wood River Capital, LLC filed a 13D/A form with the SEC disclosing ownership of 19.2 millionAspen Aerogels ( ASPN ) shares, or27.6% of...

Logo GlobeNewswire
NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the...

Logo PR Newswire
CHICAGO, Dec. 7, 2022 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Whitewater Brands, a portfolio company of...

Logo Benzinga
MarketsBy Benzinga Insights2023-12-07 21:30:06
GAINERS: MedMen Enterprises MMNFF shares closed up 10.34% at $0.04 LOSERS: iAnthus Capital Hldgs ITHUF shares closed down 18.64% at $0.04 Icanic Brands ICNAF...

Logo Benzinga
MarketsBy Benzinga Insights2023-12-07 21:33:25
Gainers Recruiter.Com Group RCRT shares moved upwards by 21.2% to $0.48 during Wednesday's after-market session. The market value of their outstanding shares...

Logo Benzinga
MarketsBy Pr Newswire2023-12-08 12:30:00
This joint press release is being issued pursuant to section 5.2 of National Instrument 62-104 Take-Over Bids and Issuer Bids. LONDON, ON, Dec. 8, 2022...