Stem Holdings Announces Approval of Debenture Repricing
BOCA RATON, Fla., Nov. 30, 2023 (GLOBE NEWSWIRE) — Stem Holdings, Inc. (OTCQB:STMH CSE: STEM) (the “Company” or “Stem”), a leading vertically-integrated cannabis and hemp company with state-of-the-art cultivation, processing, extraction, retail, and distribution operations, is pleased to announce that the Company has received the approval of the holders (the “Debentureholders”) of the 8.00% unsecured convertible debentures of the Company (the “Convertible Debentures”) to amend the terms of the Convertible Debentures. As of the date hereof, a total principal amount of approx. US$2.56 million of Convertible Debentures were outstanding.
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