XSF
XSF

XS Financial Inc. - Subordinate Voting Shares

Status
Active
Issued & Outstanding75,526,444
Reserved for Issuance28,358,598
Currency
CSE Index

About

XS Financial Inc. - Subordinate Voting Shares

Listing date
September 13, 2019
Social

 

Xtraction Services Holding Corp. ('XS") is a specialty finance company providing equipment leasing solutions in the United States, to owner/operators of cannabis and hemp companies, including cultivators, oil processors, manufacturers, testing laboratories, among others, allowing them to affordably spread their payments over time. In addition, XS provides a range of leasing products and consulting services, including equipment selection and procurement, through its network of preferred vendor partnerships with original equipment manufacturers and equipment distributors. XS's management team is successful in scaling high growth businesses, product development, finance, and operational best practices providing a proven business model.

Investor Note: In addition to the 30,609,395 Common Shares (being the Subordinate Voting Shares) that are listed and trading, there are 18,096,126 Proportionate Voting Shares reserved for issuance pursuant to the conversion rights attached to the other classes of equity shares that are issued and outstanding but not listed, and that are currently locked up for a three-year period.  The total number of issued shares assuming all are converted into the listed class would be 48,705,521.