Sundial Growers Nasdaq IPO: Here’s What to Know About the $130 Million Plan

Alberta-based CBD company Sundial Growers announced in a press release that it has launched an initial public offering (“IPO”) of its common shares in Canada and in the United States. The IPO was launched pursuant to a statement on Form F-1 filed with the United States Securities Exchange Commission. The ticker symbol is SDNL.

The company is offering 10,000,000 common shares at an initial price to the public. The value of the estimated shares is around $12.00 to $14.00 USD per share. A prospectus will be the means by which the offering will be made.

Andrew Taft

Andrew is a full-time professional writer in Canada with over 8 years of esteemed experience. He is one of the best cannabis health researchers, polished legal investigators and active CBD news reporters we have at TOC. While being featured in hundreds of health, technology, science, and even bitcoin publications; Andrew's now on the frontline of the Canadian cannabis culture and will continue breaking down everything so easily your grandma can understand hemp and CBD.