Pond Technologies

HEXO (NASDAQ: HEXO) STOCK QUOTE

Last Trade: US$0.71
Volume: 0
5-Day Change: -7.88%
YTD Change: -29.70%
Market Cap: US$31.240M

LATEST NEWS FROM HEXO

GATINEAU, Québec / Jun 22, 2023 / Business Wire / HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”) announced today the closing of the second of two tranches of the non-brokered private placement of Series 1 Preferred Shares (the “ Private Placement ”) previously announced on June 1, 2023 and the subsequent completion of the transactions contemplated by the previously announced statutory plan of arrangement... Read More
GATINEAU, Québec / Jun 14, 2023 / Business Wire / HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today reported its financial results for the third quarter of the 2023 fiscal year (“Q3’23”). All currency amounts are stated in Canadian dollars unless otherwise noted. “In the third quarter, we entered into a definitive arrangement agreement whereby Tilray... Read More
GATINEAU, Québec / Jun 14, 2023 / Business Wire / HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”) announced today that at the special meeting of its common shareholders held earlier today, its common shareholders approved the previously announced arrangement agreement, as amended, with Tilray Brands, Inc. (“ Tilray ”), whereby Tilray will acquire, by way of court-approved plan of arrangement (the “... Read More
GATINEAU, Québec / Jun 12, 2023 / Business Wire / HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, announced today that it will hold an audio-only conference call on Thursday, June 15, 2023, at 10 a.m. EDT, to review its financial results for the third fiscal quarter, ended April 30, 2023. The results will be released after market close on Wednesday, June... Read More
First Tranche Raised Gross Proceeds of US$11.5 Million; Second Tranche Proceeds of US$13.5 Million Deposited into Escrow GATINEAU, Québec / Jun 01, 2023 / Business Wire / HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”) announced today that it has closed the first of two tranches of a non-brokered private placement (the “ Private Placement ”) consisting of the issuance of newly created Series 1 Preferred... Read More
ISS Concludes the Arrangement Makes Strategic Sense No Viable Alternatives for HEXO Other Than the Arrangement with Tilray Shareholders Who Have Questions or Need Assistance Voting Should Contact Kingsdale Advisors, by phone at 1-866-581-1489 (North America Toll Free) or 416-623-2516 (Outside North America), or by email at contactus@kingsdaleadvisors.com For more information, please visit www.HEXOVOTE.com GATINEAU, Quebec /... Read More
Tilray Arrangement Determined to be Fair to Shareholders and in the Best Interests of the Company No Viable Alternatives for HEXO Other Than the Arrangement with Tilray Shareholders Encouraged to Vote In Advance of the Special Meeting on June 14, 2023 Shareholders Who Have Questions or Need Assistance Voting Should Contact Kingsdale Advisors, by phone at 1-866-581-1489 (North America Toll Free) or 416-623-2516 (Outside North... Read More
GATINEAU, Québec / May 10, 2023 / Business Wire / HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the " Company ") is pleased to announce that in connection with its previously announced arrangement agreement with Tilray Brands, Inc. (“ Tilray ”) for a transaction whereby Tilray has agreed to acquire all of the issued and outstanding common shares of the Company by way of court-approved plan of arrangement (the “... Read More
GATINEAU, Québec / Apr 10, 2023 / Business Wire / HEXO Corp . (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Tilray Brands, Inc. (“Tilray”) for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of the Company (the “HEXO Shares”), subject to approval by the holders of HEXO... Read More
GATINEAU, Québec / Mar 24, 2023 / Business Wire / HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), is pleased to announce it has been included on The Globe and Mail’s 2023 Report on Business magazine’s Women Lead Here list. This annual editorial benchmark identifies top-notch Canadian businesses with the highest executive gender diversity. “We are honoured that The Globe and Mail has recognized our continued... Read More
Achieved positive net income for the first time in Company history Adjusted gross margins increased from 40% to 45% while maintaining pricing SG&A and operating expenses continued to decrease Generated $5.3M in cash from operations $40.7M convertible debenture paid off during the period HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today reported its... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021 HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, announced today that it will hold an audio only conference call on March 17,... Read More
Expanded capacity will accelerate delivery of HEXO’s popular straight edge products for the Redecan TnT and Original Stash lines, satisfying increasing customer demand HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “ Company ”), a leading producer of high-quality cannabis products, is pleased to announce it has successfully completed the expansion of its straight edge pre-roll production capacity at the Company’s... Read More
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO”), a leading producer of high-quality cannabis products, today announced that at the annual general meeting of shareholders held on January 31, 2023 (the “Meeting”), each of the eight director nominees was elected as a director of HEXO. Detailed results of the vote are set out below. Nominee Votes For Votes Withheld Total Votes Cast Percentage of Votes For Percentage of Votes... Read More
HEXO Corp (TSX: HEXO; NASDAQ: HEXO) (“HEXO”, or the “Company”), a leading producer of high-quality cannabis products, announced today that it has won a complete dismissal of the putative securities class action lawsuit pending before the Québec Superior Court against the Company and its former Chief Executive Officer, filed on November 19, 2019 on behalf of certain primary market and secondary market purchasers of securities... Read More
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”), a leading producer of high-quality cannabis products, today announced that it has received formal notice from The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Stock Market. The notice the Company received from... Read More
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “ Company ”), a leading producer of high-quality cannabis products, today announced that it has filed amended meeting materials (collectively, the “ Amended Meeting Materials ”) consisting of an amended notice of meeting and a supplement to its information circular dated December 14, 2022 well in advance of its upcoming annual meeting of shareholders to be held on January... Read More
New TnT strains expand HEXO's top-selling portfolio and are crafted to create a fulsome sensory experience for the consumer HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “ Company ”), a leading producer of high-quality cannabis products, is pleased to announce the launch of its new TnT Cannabis strains under the Redecan and Original Stash Brands labels across Canada. The new strains further expand HEXO’s top-selling... Read More
Strategic realignment demonstrates significant results across the business, including quarter over quarter improvements to Adjusted EBITDA and increased gross margin before adjustments HEXO has signed new cultivation agreements and purged unprofitable sales Redecan brand achieved record sales, prompting 300% increase in production GATINEAU, Quebec, Dec. 15, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO)... Read More
GATINEAU, Quebec, Dec. 14, 2022 (GLOBE NEWSWIRE) -- HEXO Corp . (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “ Company ”), a leading producer of high-quality cannabis products, today announced that, following shareholder approval of a consolidation of the common shares of the Company (“ Common ‎Shares ”) on the basis of a range between two (2) and fourteen (14) existing pre-consolidation Common ‎Shares for every one (1)... Read More
GATINEAU, Quebec, Dec. 06, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company”), a leading producer of high-quality cannabis products, today announced that it has repaid the total outstanding principal amount of the Company’s 8% unsecured convertible debentures issued December 5, 2019, which matured on December 5, 2022 in the amount of C$40.14 million together with all accrued and unpaid... Read More
GATINEAU, Quebec, Nov. 15, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO"), a leading producer of high-quality cannabis products, today announced the execution of a long-term supply agreement (the “Supply Agreement”) with Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE) (“Entourage”), a Canadian producer and distributor of award-winning cannabis products. Under the Supply Agreement, HEXO... Read More
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), today announced a correction to its press release issued on October 31, 2022 announcing the Company’s financial results for the fiscal year ended July 31, 2022. In the table of financial results under the heading “Key Financial Results” in the press release, there was an error in the amounts disclosed for the “Total net loss and comprehensive loss” with respect... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “ Company "), a leading producer of high-quality cannabis products, is pleased to announce that the Company has entered into an exclusive... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. Extension will provide the Company with the runway to effectively position HEXO for long-term success HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “ Company "), announced today it... Read More
The completed debt financing arrangement will act as a reset for HEXO, driving profitable growth and accelerating the Company’s transformation into a cash flow positive business HEXO and Tilray Brands will target a combined cost-savings of up to US$80M within 24 months, to be realized through shared support services, commercial alliances and production efficiencies HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “... Read More
HEXO Corp (“ HEXO ” or the “ Company ”) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today (the " Meeting "), holders (" Shareholders ") of common shares of HEXO (" Common Shares ") approved the previously announced transaction (the “ Note Transaction ”) with Tilray Brands, Inc. (“ Tilray Brands ”) (Nasdaq | TSX: TLRY) and HT Investments MA LLC (“ HTI ”). The... Read More
HEXO Corp . (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”) acknowledged today that its wholly-owned subsidiary, Zenabis Global Inc. (“ Zenabis ”), as well as Zenabis’ direct and indirect wholly-owned subsidiaries (collectively, the “ Zenabis Group ”), have filed a petition with the Superior Court of Québec for protection under the Companies’ Creditors Arrangement Act (“ CCAA ”) in order to restructure their business... Read More
HEXO Corp (“ HEXO ” or the “ Company ”) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its special meeting of shareholders held yesterday (the " Meeting "), holders (" Shareholders ") of common shares of HEXO (" Common Shares ") overwhelmingly approved the previously announced equity purchase agreement (the “ Standby Agreement ”) with 2692106 Ontario Inc. (the “ Investor ”) and KAOS Capital Ltd. A total of... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. All $ figures in Canadian thousands unless otherwise stated HEXO Corp (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today reported its... Read More
MARKET CONDITIONS DICTATE RESETTING OF AGREEMENT TERMS STANDBY AGREEMENT CONDITIONS AMENDED IN HEXO’S FAVOUR HEXO TO FILE SUPPLEMENT TO MANAGEMENT INFORMATION CIRCULAR FOR SPECIAL MEETING OF SHAREHOLDERS VOTE TO APPROVE STANDBY AGREEMENT TO CONTINUE JUNE 14, 2022 AS PLANNED VOTE TO APPROVE TRANSACTION AGREEMENT ADJOURNED UNTIL JULY 4, 2022 This news release constitutes a “designated news release” for the purposes of the... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”), a leading producer of high-quality cannabis products, today announced that, on or about May 16, 2022, the Company expects to... Read More
HEXO Corp. (“ HEXO ”, or the “ Company ”) (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that it has established an at-the-market equity program (the “ ATM Program ”) that allows the Company to issue and sell up to US$40,000,000 (or its CAD dollar equivalent) of common shares in the capital of the Company (the “ Common Shares ”) from treasury to the public, from time to time, at the Company’s discretion. All Common Shares... Read More
Scott Cooper Steps Down; Board of Directors Acknowledge Cooper in Stabilizing the Company Bowman and Ivancsits to Lead HEXO’s Continued Transformation and Growth HEXO Corp ("HEXO" or the "Company") (TSX: HEXO; NASDAQ: HEXO) today announced that Charlie Bowman has been appointed the Company’s acting President and Chief Executive Officer, effective today. Mr. Bowman will move into a permanent role upon the successful... Read More
HEXO Corp ( TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today provided an update on its previously announced strategic plan, designed to solidify HEXO’s position as the number one cannabis company in Canada by recreational market share, with the goal of becoming cash flow positive from operations. The Company is announcing that it will close its Belleville... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. New debt financing arrangement will accelerate HEXO’s transformation into a cash flow positive business within the next four quarters HEXO and Tilray Brands to target combined cost-savings of up... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dates May 11, 2021, to its short form base shelf prospectus dated May 7, 2021, and amended and restated on May 25, 2021. Senior Secured Convertible Note expected to be restructured via proposed strategic alliance with Tilray, providing the Company with financial and operating flexibility and up to $50 million of... Read More
HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NASDAQ: HEXO) plans to release its financial results for the fiscal quarter ended January 31, 2022 after market hours today, March 17, 2022, and will host a webcast for investors tomorrow, March 18, 2022 beginning at 8:30 a.m. ET. Webcast Details Date: March 18, 2022 Time: 8:30 a.m. ET Webcast: https://events.q4inc.com/attendee/563274977 For previous quarterly results and... Read More
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (" HEXO " or the “ Company ") is pleased to announce today that HT Investments MA LLC (the “Noteholder”), the holder of the Company’s senior secured... Read More
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO”), a leading producer of high-quality cannabis products, today announced that, at the annual general and special meeting of shareholders held on March 8, 2022, each of the seven director nominees was elected as a director of HEXO. Detailed results of the vote are set out below. Nominee Votes For Votes Withheld Total Votes Cast Percentage of Votes For Percentage of Votes Withheld... Read More
Proposed restructuring of Notes eliminates monthly redemption feature, amends financial covenants, extends maturity and releases US$80M in restricted cash to fund operations and strategic initiatives Both companies expected to realize commercial benefits with production efficiencies and support services of up to C$50M within 24 months to be shared equally between HEXO and Tilray Brands KAOS Capital and partners to provide... Read More
Dymapak , the leading global manufacturer of innovative child-resistant packaging solutions designed for a variety of applications and industries, has launched a new initiative and partnership with the social enterprise Plastic Bank®. Plastic Bank stops ocean plastic and improves the lives of collectors in coastal communities by building ethical recycling ecosystems and reprocessing plastic-based materials for reintroduction... Read More
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