Curaleaf Wants To Uplist To Toronto Stock Exchange, Applies Its Subordinate Voting Shares
Portfolio Pulse from Nina Zdinjak
Curaleaf Holdings has filed an application to list its subordinate voting shares on the Toronto Stock Exchange (TSX). The move follows a marketed offering of subordinate voting shares on October 3, 2023, a condition required for a potential TSX listing. The listing is subject to TSX review and regulatory requirements. Curaleaf's shares closed 1.78% higher at $4.3 per share on Monday.
October 10, 2023 | 2:11 pm
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Curaleaf's application to list on the TSX could potentially increase its exposure to global institutional investors and reduce stock volatility. The company's shares closed 1.78% higher at $4.3 per share on Monday.
The potential listing on the TSX could provide Curaleaf with greater access to global institutional investors, offer custody solutions backed by U.S. financial institutions, and reduce stock volatility. This could potentially increase the demand for the company's shares and positively impact its stock price.
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