Wolfe Research Upgrades SBA Communications to Peer Perform

Wolfe Research analyst Andrew Rosivach upgrades SBA Communications (NASDAQ:SBAC) from Underperform to Peer Perform.

Wolfe Research analyst Andrew Rosivach upgrades SBA Communications (NASDAQ:SBAC) from Underperform to Peer Perform.

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Canopy Growth Announces Financing Deal Including Roughly $50M Of New Gross Proceeds

Canopy Growth Corporation has entered into an exchange and subscription agreement with a single institutional investor under which the Smiths Falls, Ontario-based company is expected to receive gross proceeds of roughly $50 million and exchange approximately CA$27.5 million ($20 million) of existing debt maturing in September 2025 for a new senior unsecured convertible debenture of the company maturing five years following the day of issuance. Under the terms of the deal, the investor will acquire a convertible debenture in an aggregate principal amount equal to CA$96,358,375 on closing.

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