Parties
Company
Next Green Wave Holdings (NGW)
Company
Planet 13 Holdings Inc.
Planet 13 Holdings Inc. completed its previously announced agreement with Next Green Wave Holdings Inc. (NGW) wherein Planet 13 has agreed to acquire all of the issued and outstanding common shares of NGW, for a total consideration of approximately $91 million.
Wildeboer Dellelce LLP and Cozen O'Connor acted as legal advisors to Planet 13.
Beacon Securities Limited acted as financial advisor to Planet 13 and provided a fairness opinion to the Planet 13 board of directors.
McMillan LLP and Farella Braun + Martel LLP acted as legal advisors to Next Green Wave.
INFOR Financial Inc. acted as the financial advisor to NGW. INFOR Financial Inc. and Evans & Evans, Inc. each provided a fairness opinion to the NGW Board and the Special Committee.
Deal Type
Merger & AcquisitionIndustry
AgricultureTransaction
$ 91,000,000Deal Status
ClosedClosing Date
02 March 2022