iAnthus Announces Closing of Recapitalization Transaction, $25 Million Additional Financing and Other Corporate Updates
Cannabis Law Report
JUNE 27, 2022
Pursuant to the terms of the Plan of Arrangement, the Secured Lenders have the right to nominate three directors to the Board and the Consenting Unsecured Debentureholders have the right to collectively appoint three directors to the Board, which rights continue in accordance with the terms of the Investor Rights Agreement described below.
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