Company: CGC
Filing Date: 2025-05-30
Form Type: POS AM
Source: 0001104659-25-054925
Chunk: 55

Company: Canopy Growth Corp
Filing Date: 2025-05-30
Form: POS AM
Chunk 55
---
,000 ($246,222,228), or C$1.93 ($1.34) per Common Share, based on 183,865,295 Common Shares outstanding as of that date. After giving effect to the sale of 97,214,483 Common Shares at an assumed public offering price of $1.77 per share, the last reported sale price of our Common Shares on the Nasdaq Global Select Market on May 28, 2025, after deducting an assumed commission of 3.0% and estimated aggregate offering expenses payable by us, and assuming no Common Shares sold in the Concurrent Canadian Offering, our as adjusted net tangible book value as of March 31, 2025 would have been approximately C$593,524,689 ($412,855,774), or C$2.11 ($1.47) per Common Share. This represents an immediate increase in net tangible book value of $0.13 per Common Share to existing shareholders and immediate dilution of $0.30 per Common Share to a new investor purchasing our Common Shares at the assumed public offering price, as illustrated by the following table:

| ​ | Assumed public offering price per Common Share                                                                 | ​ | ​ | ​ | ​ |    ​ | ​ | ​ | ​ | ​ | $ | 1.77 | ​ | ​ |
| ​ | Net tangible book value per Common Share as of March 31, 2025                                                  | ​ | ​ | ​ | $ | 1.34 | ​ | ​ | ​ | ​ | ​ |    ​ | ​ | ​ |
| ​ | Increase in net tangible book value per Common Share attributable to this offering                             | ​ | ​ | ​ | $ | 0.13 | ​ | ​ | ​ | ​ | ​ |    ​ | ​ | ​ |
| ​ | As adjusted net tangible book value per Common Share as of March 31, 2025 after giving effect to this offering | ​ | ​ | ​ | ​ |    ​ | ​ | ​ | ​ | ​ | $ | 1.47 | ​ | ​ |
| ​ | Dilution per Common Share to investors in this offering                                                        | ​ | ​ | ​ | ​ |    ​ | ​ | ​ | ​ | ​ | $ | 0.30 | ​ | ​ |

The table above assumes for illustrative purposes that an aggregate of 97,214,483 Common Shares are sold during the term of this offering at an offering price of $1.