GrowLife, Inc. Extends Rights Offering to Shareholders through November 30, 2018
KIRKLAND, Wash.--(BUSINESS WIRE)--Nov 16, 2018--GrowLife, Inc. (OTCQB: PHOT), one of the nation’s most recognized indoor cultivation product and service providers, today announced it has extended until Friday, November 30, 2018, its previously disclosed rights offering pursuant to which it plans to raise up to $6,000,000 through the distribution of subscription rights and exercise thereof (the “Offering”).
The Company has chosen to extend the offering period to give stockholders, particularly those holding shares in street name who may have only recently received applicable materials, additional time to participate in the Offering should they desire to do so and due to the original expiration date falling on a holiday.
SUMMARY OF THE TERMS OF THE OFFERING
The complete S-1 Amendment No. 2, which is subject to final SEC approval, can be found here.
This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
The Offering is made pursuant to the company’s effective shelf registration statement.
For more information on the Offering including form download and information on how to participate, visit Growlifeinc.com/investors/rights-offering. Additional inquiries regarding the Offering should be directed to the Company at 206-483-0059 or firstname.lastname@example.org.
For more information about GrowLife, including the CEO’s most recent video statement, visit the company’s website. Products can be purchased at ShopGrowLife.com in the US and GrowLifeHydro.ca/ in Canada.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) aims to become the nation’s largest cultivation service provider for cultivating organics, herbs and greens and plant-based medicines. Our mission is to help make our customers successful. Through a network of local representatives covering the United States and Canada, regional centers and its e-Commerce team, GrowLife provides essential goods and services including media, industry-leading hydroponics and soil, plant nutrients, and thousands more products to specialty grow operations. GrowLife is headquartered in Kirkland, Washington and was founded in 2012.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181116005301/en/
CONTACT: Public Relations Contact:
Cassandra Dowell, 858-264-6600
www.cmwmedia.comInvestor Relations Contact:
KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON
INDUSTRY KEYWORD: HEALTH ALTERNATIVE MEDICINE NATURAL RESOURCES AGRICULTURE
SOURCE: GrowLife, Inc.
Copyright Business Wire 2018.
PUB: 11/16/2018 10:00 AM/DISC: 11/16/2018 10:00 AM