August 18, 2020

Sundial Growers Announces Closing of its US$20 Million Registered Offering

CALGARY, AB, Aug. 18, 2020 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") announced today that it has closed a best efforts underwritten registered offering of 25,820,000 Series A Units, each consisting of one common share and one Series A Warrant to purchase one common share and 14,280,000 Series B Units (and together with the Series B Units, the “Units”), each consisting of one pre-funded Series B Warrant (together with the Series A Warrants, the “warrants”) to purchase one common share and one Series A Warrant to purchase one common share. Each Series A Unit will be sold at a price of US$0.50 per Series A Unit and each Series B Unit will be sold at a price of US$0.50 per Series B Unit, minus US$0.0001, and the remaining exercise price of each Series B Warrant will equal US$0.0001 per common share. Sundial’s gross proceeds from this offering were approximately US$20 million, before deducting underwriting discounts and estimated offering expenses.

Canaccord Genuity LLC is acting as sole book-running manager for the offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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Thursday, Sep 03, 2020

Sundial to Participate in Alliance Global Partners Virtual Event

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Tuesday, Aug 18, 2020

Sundial Growers Announces Closing of its US$20 Million Registered Offering

CALGARY, AB, Aug. 18, 2020 - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") announced today that it has closed a best efforts underwritten registered offering of 25,820,000 Series A Units, each consisting of one common share and one Series A Warrant to purchase one common share and 14,280,000 Series B Units (and together with the Series B Units, the “Units”), each consisting of one pre-funded Series B Warrant (together with the Series A Warrants, the “warrants”) to purchase one common share and one Series A Warrant to purchase one common share

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Friday, Aug 14, 2020

Sundial Growers Announces Pricing of its US$20 Million Registered Offering

Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") announced today that it has priced a best efforts underwritten registered offering of 25,820,000 Series A Units.

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