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Type of Company:
Type:
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Company
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Ownership: |
Publicly Traded |
Company Size: |
20-49 Employees In BC (20-49 Total)
20-49 In BC (20-49 Total)
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Year Founded: |
2015 |
Sector: |
Other Tech Sectors
Other Tech Sectors
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Region: |
Lower Mainland / South Coast
Lower Mainland
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Tags: |
CubicFarms, ag-tech, automated growing systems
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CubicFarms (TSXV: CUB) is an ag-tech company providing automated growing systems for fresh produce and nutritious livestock feed. CubicFarms offers turnkey, commercial scale, hydroponic, automated controlled-environment growing systems that can grow predictably and sustainably for 12 months of the year virtually anywhere on earth.
CubicFarms enables its customers to grow locally and to provide their markets with safe, sustainable, secure and fresh ingredients that are consistent in colour, size, taste, nutrition and allows for a longer shelf life. Further support is provided to customers through the Company's patent-pending germination technology and proprietary auto harvesting and processing methods.
The Company has sold and installed systems in Canada and internationally, and is currently negotiating with a global pipeline of prospective customers.
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Date |
Type |
Amount |
Investors |
Apr 12, 2021 |
Private Placement |
$1.9 Million CAD |
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May 27, 2021 |
Private Placement |
$22 Million CAD |
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Nov 20, 2021 |
Private Placement |
$20 Million CAD |
Raymond James Ltd., Stifel Nicolaus Canada Inc., and Canaccord Genuity Corp. as joint bookrunners, to purchase, on a "bought deal" basis, 16,000,000 common shares of the Company at a price of C$1.25 per Common Share for aggregate gross proceeds to the Company of approximately C$20 million |
May 27, 2022 |
Private Placement |
$10 Million CAD |
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Jun 2, 2022 |
Private Placement |
$10.6 Million CAD |
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Date |
Type |
Amount |
Investors |
Apr 12, 2021 |
Private Placement |
$1.9M CAD |
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May 27, 2021 |
Private Placement |
$22M CAD |
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Nov 20, 2021 |
Private Placement |
$20M CAD |
Raymond James Ltd., Stifel Nicolaus Canada Inc., and Canaccord Genuity Corp. as joint bookrunners, to purchase, on a "bought deal" basis, 16,000,000 common shares of the Company at a price of C$1.25 per Common Share for aggregate gross proceeds to the Company of approximately C$20 million |
May 27, 2022 |
Private Placement |
$10M CAD |
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Jun 2, 2022 |
Private Placement |
$10.6M CAD |
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Want More CubicFarm Systems Corp. News? 1 2 3 4
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Next »
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Jun 30, 2022
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CubicFarms Announces $4.4 Million CubicFarm System Sale and North American Manufacturing Agreement
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Jun 17, 2022
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CubicFarms Announces $3.8 Million HydroGreen Sale in West Texas
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Jun 8, 2022
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CubicFarm Systems Reports First Quarter FY 2022 Results, Net Loss Rises 138% YoY to $8.76 Million
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Jun 6, 2022
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CubicFarm Systems Announces Closing of $10.6 Million Financing (Private Placement)
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May 31, 2022
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CubicFarm Systems Announces Plans for $10 Million Financing (via Overnight Marketed Public Offering)
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May 27, 2022
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CubicFarm Data Shows its Systems Use 54% to 62% Less Energy Than Typical Vertical Farms
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May 19, 2022
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CubicFarms and Deloitte Join Forces on New Carbon Commercialization Program
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May 4, 2022
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Vancouver-based CubicFarm Systems' HydroGreen Technology Recognized in Fast Company's 2022 World Changing Ideas Awards
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May 2, 2022
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CubicFarms Appoints Carlos Yam as Chief Financial Officer
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Apr 8, 2022
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AgTech Company CubicFarm Systems Reports $29.3 Million Net Loss for Full-Year 2021 (on $5.7 Million Revenue)
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