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Phivida Holdings Inc. (fka CNSX:VIDA)

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Last Post: 2/18/2021 10:11:19 PM - Followers: 14 - Board type: Free - Posts Today: 0


New message board for Phivida VIDA

Phivida Holdings Inc. Completes Initial Public Offering: 
Will Begin Trading December 19th Under The Symbol VIDA

Phivida Holdings Inc. reports that it has completed its initial public offering and anticipates that its common shares will commence trading on the Canadian Securities Exchange on December 19, 2017 under the ticker symbol "VIDA". 

Pursuant to the Offering, Phivida issued 14,375,000 units (the "Units"), including the full over-allotment option, with each Unit comprising one common share (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant") at a price of $0.40 per Unit for gross proceeds of $5,750,000. 

Each Warrant is exercisable at a price of $0.75 per Common Share for a period ending 24 months from the closing date of the Offering, subject to accelerated expiry by the Company upon 20 days' notice in the event the Common Shares trade at a price equal to or greater than $1.00 for a period of 20 consecutive trading days. 

The CSE has approved the Common Shares for listing and has advised the Company that the Common Shares will commence trading on the CSE on or about December 19, 2017 under the ticker symbol "VIDA." 

Canaccord Genuity Corp., as lead agent, together with Mackie Research Capital Corporation and Haywood Securities Inc. (collectively, the "Agents") acted as the Company's agents in connection with the Offering. Phivida recognizes Liberty North Capital and Hillcrest Capital Partners for their significant contributions as corporate advisors. Pursuant to the Offering, the Agents received a cash commission equal to 7% of the gross proceeds of the Offering, other than in respect of presidents list purchasers which was 3.5%, a corporate finance fee of $75,000 and 187,500 Common Shares, and compensation options exercisable in 832,563 Common Shares at a price of $0.40 per share for a period expiring 24 months from the closing date. 

CEO John-David Belfontaine states; "The credit belongs to the hard work and professionalism of the Phivida board, executive and operations team. We also recognize our syndicate and advisory partner team for their contributions in stewarding a successful initial public offering. This is a significant achievement for The Company, but just the beginning of our shared success, as we prepare to launch our premium suite of Phivida brand CBD products onto a global stage in 2018. We look forward to providing more exciting updates and milestone achievements as we enter this rapid-growth phase in the life of Phivida." 

The Company intends to use the proceeds from the Offering to begin full-scale manufacturing, marketing and distribution of Phivida Nutrition and Phivida Enhanced products. Phivida Nutrition products will consist of custom formulated hemp oil infused beverages that include a proprietary blend of nutraceuticals and infused with nanoencapsulated hemp oil extracts. Phivida Enhanced products will be marketed under the Vida+ brand name as functional foods and supplement nutraceuticals and capture a leadership share of the US CBD hemp oil market. 

Phivida Holdings Inc. 
Phivida (pronounced "fi-VEE-dah") is a premier brand of cannabidiol ("CBD")-infused functional foods, beverages and clinical products that is poised for global distribution. The World Anti-Doping Association's recent decision to lift its ban of CBD from hemp oil and the World Health Organization's recent statement that CBD is an effective treatment for epilepsy — and that there is some evidence that CBD could help treat Alzheimer's disease, cancer, psychosis, Parkinson's disease and other conditions opens the door for athletes and active families use Phivida products. Phivida's mission is to be a global leader in the alternative health sector while advancing education and research and investing back into our communities. For more information visit www.phivida.com 

#183   Recent SEC Filings sam1933 02/18/21 10:11:19 PM
#182   Choom Holdings Inc.(OTCQB: CHOOF) Completes Acquisition of sam1933 02/18/21 10:04:24 PM
#181   VIDA: (PHVAF on the OTC): Plan of Arrangement. Renee 09/18/20 04:44:09 PM
#180   Phivida is being purchased by choom happyglass 08/03/20 10:04:38 AM
#179   Phivida Holdings Inc. Announces Leadership Transition greenwillow 11/25/19 11:13:13 AM
#178   Investor Presentation greenwillow 11/25/19 11:12:13 AM
#177   I think so, sooner or later. It's greenwillow 10/26/19 07:59:38 PM
#176   Nothing I hear... Bounce here? Golden_Cross 10/26/19 04:24:14 PM
#175   Do you know of any rumors floating around? greenwillow 10/25/19 02:01:35 PM
#174   Phivida Holdings Inc. Comments on Recent Trading Activity Golden_Cross 10/25/19 01:46:00 PM
#173   News Phivida Announces Director Resignation Golden_Cross 10/13/19 10:45:16 AM
#172   https://www.bevindustry.com/articles/92285-readers-name-their-favorite-new-bever greenwillow 07/30/19 05:58:37 PM
#171   Nice little piece. It's a waiting game. Their greenwillow 06/28/19 06:53:32 PM
#170   People got to wake up... Fivespeedchatter 06/24/19 02:26:26 PM
#169   How is this board not active? This is Fivespeedchatter 06/24/19 12:54:17 PM
#168   Up on no news? Mrone 06/04/19 04:24:19 PM
#167   HELP NEEDED greenwillow 05/05/19 10:36:04 AM
#166   VIDA PHVAF - Halted pending news. greenwillow 04/29/19 09:12:00 AM
#165   Nice to see VIDA PHVAF finally coming into greenwillow 04/08/19 11:34:34 AM
#164   Nice little run here. greenwillow 04/08/19 11:25:07 AM
#163   https://finance.yahoo.com/news/5-companies-prepared-dominate-u-123000576.html Mrone 04/03/19 05:35:11 PM
#162   Great to see it hold the majority of greenwillow 03/22/19 05:03:32 PM
#161   Good things ahead. Have a great weekend! Mrone 03/22/19 04:38:13 PM
#160   I agree. I purchased this stock only because harris08 03/22/19 04:34:28 PM
#159   Nice week for VIDA. Mrone 03/22/19 04:33:15 PM
#158   Have they leaped to the spot of having traderjbr 03/20/19 10:23:05 AM
#157   Phivida and Green Glass Global Announce U.S. Partnership greenwillow 03/20/19 10:22:47 AM
#156   https://www.prnewswire.com/news-releases/cbd-beveragespossible-next-big-disrupto greenwillow 03/20/19 10:02:23 AM
#155   CBD Beverages – Possible Next Big Disruptor in NetworkNewsWire 03/20/19 09:12:17 AM
#154   Phivida Announces First Major Retailer for Oki Beverages greenwillow 03/14/19 09:50:50 AM
#153   Thrilled to be exhibiting at #ExpoWest with @phivida greenwillow 03/04/19 07:48:56 PM
#152   I guess that looks like a good start! Stallion4life38 03/03/19 02:11:33 PM
#151   Phivida Monthly Update greenwillow 03/02/19 10:20:01 AM
#150   Is there anything thats suppose to be happening Stallion4life38 03/01/19 02:25:27 PM
#149   4 Companies Shaping The CBD-Infused Beverage Industry greenwillow 02/21/19 09:23:40 AM
#148   Kind of looks like capitulation don't it? observer21 12/24/18 11:31:04 AM
#147   NEWS!! https://www.ftmig.com/cannabis/phivida-appoints-john-caruso-to-board-of-d Jdoggg 12/21/18 08:17:18 AM
#146   Phivida comments on the successful passing of the JohnCM 12/20/18 08:24:08 PM
#144   Phivida Announces Q4 2018 Corporate Business Update greenwillow 11/15/18 10:23:59 AM
#143   WHAT A POS!! Complete idiots Panzer 11/12/18 11:06:00 PM
#142   Phivida adds Senior Vice President of Distribution to greenwillow 11/02/18 10:42:45 AM
#141   No love here today...could be a while before greenwillow 11/01/18 02:33:12 PM
#140   Anyone buy any of their products? I just jhcrew 10/29/18 08:08:49 AM
#139   I'm a buyer of dips and more dips... GLTA GW greenwillow 10/21/18 11:27:11 AM
#138   How far will this stock fall? I kinda jhcrew 10/21/18 10:59:29 AM
#137   lots of hot air I guess... greenwillow 10/19/18 03:23:29 PM
#136   .92 TO .52 IN 15 DAYS... WTF? Liquid_Bull 10/19/18 03:21:04 PM
#135   Straight dumpster fire on phvaf....geeeeeez greenwillow 10/19/18 03:03:50 PM
#134   Sold my shares above .90 Gonna get back in here mrboom 10/12/18 10:11:10 AM
#133   The CBD drink space will be interesting to TheMonolith 10/12/18 09:59:32 AM
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