Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

High Tide secures $40M credit facilities from a major Canadian bank, boosting growth and refinancing debt.

Company Fundamentals
05 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

High Tide Inc. announced it has signed a term sheet for $40 million in new senior secured credit facilities with one of Canada's Big 5 banks, replacing its existing credit facility. The financing includes a $25 million revolver for refinancing and working capital, and a $15 million delayed draw term loan to refinance second-lien debentures. This deal marks institutional validation of High Tide's business scale and provides lower-cost capital to support growth in retail, expansion in Germany, and entry into new markets. The closing is expected within 60 days, subject to conditions.

More News

Firefly Aerospace shares jump 24% after SpaceX's Starship V3 test and IPO filing boost space sector optimism

Firefly Aerospace shares jump 24% after SpaceX's Starship V3 test and IPO filing boost space sector optimism

Firefly Aerospace stock surged 24% following SpaceX's successful test flight of its upgraded Starship V3 rocket and the company's IPO filing seeking up to $75 billion. The test demonstrated key advancements in rocket reusability and fueled investor e...

Market News
Bullish
1 hour ago
KNDS N.V. reduces voting rights in RENK Group AG to 10.03% as of May 19, 2026.

KNDS N.V. reduces voting rights in RENK Group AG to 10.03% as of May 19, 2026.

KNDS N.V., based in Amsterdam, has decreased its voting rights in RENK Group AG from 15.83% to 10.03% as of May 19, 2026. This change was officially reported under German securities law, reflecting a significant reduction in KNDS's influence over REN...

Market News
Neutral
1 hour ago
KNDS N.V. reduces stake in Renk Group AG to 10.03% as of May 19, 2026.

KNDS N.V. reduces stake in Renk Group AG to 10.03% as of May 19, 2026.

KNDS N.V., based in Amsterdam, has decreased its voting rights in Renk Group AG from 15.83% to 10.03% as of May 19, 2026. This change was officially reported under the German Securities Trading Act. The reduction in stake may influence shareholder dy...

Market News
Neutral
1 hour ago
FCCE to buy Amiral Gestion's 6.38% stake in Installux at €500/share, plans simplified takeover bid.

FCCE to buy Amiral Gestion's 6.38% stake in Installux at €500/share, plans simplified takeover bid.

FCCE, the majority shareholder of Installux, has agreed to acquire 6.38% of Installux shares from Amiral Gestion at €500 per share, totaling €8.93 million. Following this acquisition, FCCE will hold 87.45% of Installux's capital and voting rights. FC...

Company Fundamentals
Bullish
1 hour ago
Moment Factory and Mitsui Fudosan partner to create immersive Pokémon experience debuting in Europe 2027

Moment Factory and Mitsui Fudosan partner to create immersive Pokémon experience debuting in Europe 2027

Moment Factory and Mitsui Fudosan have formed a long-term strategic partnership to develop large-scale immersive fan experiences, including a new Pokémon attraction set to launch in Europe in spring 2027. This collaboration combines Moment Factory's ...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App