Cramer Slams Sundial As Cannabis Company Raises Over $89M Via Warrant Exchange
Sundial Growers Inc. (NASDAQ: SNDL) reported Friday that it has raised $89.1 million via a warrant exchange.
The company noted that holders of 98.33 million warrants to buy shares of the company will exercise for cash their warrants at prices of 80 cents and $1.10 for gross proceeds to the company.
