Disposition

SOL Global Investments Corp. Finalizes Divestitures of Securities in Bluma Wellness Inc.

Retrieved on: 
Saturday, February 13, 2021

The consideration received per Common Share and per Warrant under the Dispositions was US$1.00, for total consideration received of US$23,341,749.

Key Points: 
  • The consideration received per Common Share and per Warrant under the Dispositions was US$1.00, for total consideration received of US$23,341,749.
  • Following the completion of the Dispositions, SOL Global does not beneficially own any Common Shares or any Warrants on any basis.
  • SOL Global will file an early warning report regarding the Dispositions on SEDAR at www.sedar.com within two (2) business days of the filing of this news release.
  • The Acquirors seven primary business segments include Retail, Agriculture, QSR & Hospitality, Media Technology & Gaming, Energy, and New Age Wellness.

A&G Executives: 'New Normal' Spurs Schools to Rethink their Real Estate

Retrieved on: 
Thursday, October 29, 2020

"At the board level, there's a growing focus on ramping up the efficiency of real estate."

Key Points: 
  • "At the board level, there's a growing focus on ramping up the efficiency of real estate."
  • The Oct. 22 webinar ("Bolstering Liquidity by Optimizing Real Estate") drew more than 70 AGB members.
  • From a real estate standpoint, Graiser said, it all starts with a comprehensive review of owned and leased properties.
  • Key areas of expertise include occupancy cost reductions, lease terminations, dispositions, structured real estate sales, real estate due diligence, valuations, acquisitions, and facilitation of growth opportunities.

Auxly Files Early Warning Report

Retrieved on: 
Friday, September 18, 2020

Since Auxlys security holding percentage of Inner Spirit is now below 10%, following the filing of the early warning report in connection with the disposition, Auxly will no longer file early warning or insider reports in respect of Auxlys ownership of Inner Spirits securities, except as may be required by applicable law.

Key Points: 
  • Since Auxlys security holding percentage of Inner Spirit is now below 10%, following the filing of the early warning report in connection with the disposition, Auxly will no longer file early warning or insider reports in respect of Auxlys ownership of Inner Spirits securities, except as may be required by applicable law.
  • Following the disposition, Auxly continues to have ownership and control of 19,941,177 common shares, 3,000,000 warrants, and 600,000 options to purchase common shares of Inner Spirit.
  • The disposition of the Inner Spirit securities was undertaken by Auxly as part of its strategy to monetize non-core assets to fund capital and operational expenditures for its core assets.
  • An early warning report pursuant to the requirements of applicable securities laws has been filed by Auxly and is posted to Inner Spirit's SEDAR profile at www.sedar.com , and is available on request at the number and email address below.

Funds Are Gearing Up to Acquire Distressed Real Estate Assets, Advises A&G Exec

Retrieved on: 
Thursday, August 20, 2020

The webinar, which was sponsored by TMA's Central Texas chapter, focused on the effects of Covid-19 on real estate.

Key Points: 
  • The webinar, which was sponsored by TMA's Central Texas chapter, focused on the effects of Covid-19 on real estate.
  • As Greenspan's recent discussions with restructuring attorneys have made clear, various funds are preparing to acquire distressed real estate assets, not only in retail and office but also in hospitality.
  • Key areas of expertise include occupancy cost reductions, lease terminations, dispositions, structured real estate sales, real estate due diligence, valuations, acquisitions, and facilitation of growth opportunities.
  • For more information, please visit: http://www.agrep.com /
    NOTE TO MEDIA: Doug Greenspan of A&G Real Estate Partners is available as a resource for articles related to commercial real estate.