Organigram Shares Jump 8.7% on $48M BAT Investment Confirmation
Organigram Global Inc. shares climbed 8.7% to $1.50 in Thursday premarket trading after confirming a 65.2 million Canadian dollar private placement from British American Tobacco's subsidiary. The deal includes 14 million shares at C$3.00 each and top-up rights for nearly 10 million more at C$2.34 apiece.