News for APHA
Alert Sent 2018-12-03 03:06:43 PM ET
Delivery preference: Immediate delivery
Aphria Issues Statement Regarding Short Seller Report; Shares Down 27%
2018-12-03 03:06:08 PM ET (MT Newswires)
03:06 PM EST, 12/03/2018 (MT Newswires) -- Aphria Inc. (APHA.TO, APHA) confirmed Monday afternoon it is aware of a short-seller report released earlier today which Aphria believes is a "malicious and self-serving attempt to profit by manipulating Aphria's stock price at the expense of Aphria's shareholders."
Price: 7.83, Change: -2.68, Percent Change: -25.50
Alert Sent 2018-12-03 03:06:43 PM ET
Delivery preference: Immediate delivery
Aphria Issues Statement Regarding Short Seller Report; Shares Down 27%
2018-12-03 03:06:08 PM ET (MT Newswires)
03:06 PM EST, 12/03/2018 (MT Newswires) -- Aphria Inc. (APHA.TO, APHA) confirmed Monday afternoon it is aware of a short-seller report released earlier today which Aphria believes is a "malicious and self-serving attempt to profit by manipulating Aphria's stock price at the expense of Aphria's shareholders."
Price: 7.83, Change: -2.68, Percent Change: -25.50
News for APHA
Alert Sent 2018-12-03 03:01:33 PM ET
Alert Sent 2018-12-03 03:01:33 PM ET
Delivery preference: Immediate delivery
Aphria statement regarding short-seller report
2018-12-03 03:00:00 PM ET (PR Newswire)
Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) is aware of a short-seller report released earlier today which Aphria believes is a malicious and self-serving attempt to profit by manipulating Aphria's stock price at the expense of Aphria's shareholders.
Investors should exercise caution in relying on the misrepresentations and distortions contained in the report and recognize that, by their own admission, Hindenburg Research "...stands to realize significant gains in the event that the price of any stock covered herein declines." The report also states that, "Hindenburg Research makes no representation, express or implied, as to the accuracy, timeliness, or completeness of [the information in report]."
The report makes reference to the Company's LATAM acquisition which closed on September 27, 2018. In connection with this transaction, the Board of Directors of Aphria confirmed that it received financial advice and a fairness opinion from a reputable firm that the consideration to be offered by Aphria in respect of the transaction was fair, from a financial point of view, to Aphria and its shareholders.
Shareholders should refer to the Company's disclosure documents filed with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, the Company's EDGAR profile at www.sec.gov or on the Company's website at www.aphria.com.
We Have A Good Thing Growing
Aphria statement regarding short-seller report
2018-12-03 03:00:00 PM ET (PR Newswire)
Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) is aware of a short-seller report released earlier today which Aphria believes is a malicious and self-serving attempt to profit by manipulating Aphria's stock price at the expense of Aphria's shareholders.
Investors should exercise caution in relying on the misrepresentations and distortions contained in the report and recognize that, by their own admission, Hindenburg Research "...stands to realize significant gains in the event that the price of any stock covered herein declines." The report also states that, "Hindenburg Research makes no representation, express or implied, as to the accuracy, timeliness, or completeness of [the information in report]."
The report makes reference to the Company's LATAM acquisition which closed on September 27, 2018. In connection with this transaction, the Board of Directors of Aphria confirmed that it received financial advice and a fairness opinion from a reputable firm that the consideration to be offered by Aphria in respect of the transaction was fair, from a financial point of view, to Aphria and its shareholders.
Shareholders should refer to the Company's disclosure documents filed with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, the Company's EDGAR profile at www.sec.gov or on the Company's website at www.aphria.com.
We Have A Good Thing Growing
