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Ewing Morris offers to buy up to 6.8% of Decibel Cannabis for $5 million

PUBT·10/21/2026 13:26:08
Ewing Morris offers to buy up to 6.8% of Decibel Cannabis for $5 million
  • Ewing Morris offered to buy up to 2,617,801 Decibel Cannabis common shares at $1.91 each, valuing the offer at approximately $5 million.
  • The offer targets approximately 6.8% of outstanding shares at a 19.4% premium to the October 16, 2026, closing price.
  • At least 1,745,200 shares must be tendered; the offer expires November 6, 2026, at 5 p.m. Eastern Standard Time, unless changed.
  • The purchase involves existing shares only, with no dilution or proceeds for the company.
  • Management and directors will not tender their shares; neither the board nor the company recommends whether shareholders should participate.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Decibel Cannabis Company Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610210923CANADANWCANADAPR_C5077) on October 21, 2026, and is solely responsible for the information contained therein.