Tag Archives: Oreva Capital

Merger Intends to Make High Times Publicly Traded Company

High Hopes: Merger Intends to Make High Times Publicly Traded Company

High Hopes: Merger Intends to Make High Times Publicly Traded Company

On July 27, 2017, Hightimes Holding Corp., the company behind High Times magazine, announced a merger agreement with Origo Acquisition Corporation (NASDAQ:OACQ), a special purpose acquisition company, as a means of making High Times a publicly traded company.

Hightimes Holding Corp. Seeks Public Listing Through Business Combination with Origo Acquisition Corporation

LOS ANGELES and NEW YORK, July 27, 2017 /Weed Wire/ – Hightimes Holding Corp. (“High Times”), publisher of HIGH TIMES® magazine and a leading voice of the cannabis community since 1974, and Origo Acquisition Corporation (NASDAQ: OACQ) (“Origo”), a special purpose acquisition company, announced that they have entered into a definitive merger agreement. Upon closing of the transaction, High Times will be a publicly traded company.

High Times Acquisition: Company Valued at $70 Million

High Times Acquisition: Company Valued at $70 Million

On June 1, 2017, High Times announced that controlling interest in the company had been acquired by 20 investors, a group comprised of cannabis industry members, entrepreneurs and entertainment veterans. Oreva Capital, a Los Angeles-based investment firm, led the High Times acquisition, valuing the company at $70 million. The company will now operate as High Times Holding Company.


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