Columbia Care Announces Second Tranche of Debt Financing, Raising Over US$54.0 Million in Aggregate
Amount Raised
$54 Million
Round Type
Debt Financing
New YorkCommunity And LifestyleHealth CareDescription
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) today announced the expected completion of the second tranche of its previously announced US$50.0 million financing with the offering of an aggregate principal amount of US$15.7 million in 5.00% senior secured convertible notes due 2023 (the “Convertible Notes”). US$12.8 million of escrowed funds are expected to close on or by June 22, 2020 with the remaining binding commitments closing in early July. The Convertible Notes can be exchanged into common shares of the Company at a previously negotiated price of C$3.79, representing a 20% premium to the closing volume weighted average price as of June 1, 2020
Who else raised in Community And Lifestyle and Health Care around the same time
Companies in the same sectors as Columbia Care that raised within 45 days of this round, from Fundz verified event records.
- IM Cannabis Corp raised $12K on July 9, 2020.
- IM Cannabis Corp raised $302K on July 9, 2020.
- American Bitcoin raised $15M on June 24, 2020.
- HAPPE Spine raised $295K on June 2, 2020.
- GENOCEA BIOSCIENCES, INC. raised $76M on August 3, 2020.
- Lemonaid Health raised $33M (Series B) on July 31, 2020.
Who to call at Columbia Care, and when
A new round usually means Columbia Care is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Columbia Care raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Columbia Care, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Columbia Care. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Columbia Care raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Columbia Care raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.