Company: CGC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000950170-25-015839
Chunk: 36

Company: Canopy Growth Corp
Filing Date: 2025-02-07
Form: 10-Q
Item: Item 1
Chunk 36
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 sold 22,713,177 and 39,519,029 common 

23

shares, respectively, for gross proceeds of $117,513 and $255,989, respectively. Refer to Note 30 for additional information on common shares sold after December 31, 2024 as part of the ATM Program.For the three and nine months ended December 31, 2023, the Company issued nil and 2,292,947 common shares, respectively, for aggregate gross proceeds of $nil and $33,745, respectively, relating to the private placement unit offering completed by the Company pursuant to the terms of the subscription agreements entered into between the Company and certain institutional investors on September 18, 2023.(ii) Other issuances of common shares and share capital transactionsDuring the nine months ended December 31, 2024, the Company had the following other issuances and share capital transactions:

        Number of common shares

        Sharecapital

        Share andwarrantreserve

        Settlement of Acreage Acquisition

        12,559,230

        $
        63,915

        $
        11,939

        Other issuances and share issue costs

        -

        (6,567
        )

        -

        Total

        12,559,230

        $
        57,348

        $
        11,939

      During the nine months ended December 31, 2023, the Company had the following other issuances and share capital transactions:

        Number of common shares

        Sharecapital

        Sharebasedreserve

        Settlement of convertible debentures

        8,445,894

        $
        108,055

        $
        -

        Settlement of Canopy Notes

        11,477,366

        57,084

        -

        Settlement of debentures

        7,341,818

        87,754

        -

        Other issuances and share issue costs

        6,165

        (317
        )

        (80
        )

        Total

        27,271,243

        $
        252,576

        $
        (80
        )
       
      (iii) Warrants

        Number ofwholewarrants

        Averageexerciseprice

        Warrantvalue

        Balance outstanding at March 31, 2024

        10,451,457

        $
        9.12

        $
        2,610