AEF.TO - Acasta Enterprises Inc.

Toronto - Toronto Delayed Price. Currency in CAD
0.6700
-0.0700 (-9.46%)
At close: 1:09PM EDT
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Previous Close0.7400
Open0.7900
Bid0.7000 x N/A
Ask0.8000 x N/A
Day's Range0.6300 - 0.7900
52 Week Range0.5200 - 1.2000
Volume5,000
Avg. Volume6,112
Market Cap49.489M
Beta (3Y Monthly)0.87
PE Ratio (TTM)N/A
EPS (TTM)-0.7800
Earnings DateAug 12, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire

    Acasta Enterprises Inc. Reports Second Quarter of 2019 Results

    Acasta Enterprises Inc. (AEF.TO) (“Acasta” or the “Company”) today announced the release of its unaudited condensed consolidated financial statements for the three and six months ended June 30, 2019 and management discussion and analysis (MD&A). All values in this news release and the Company’s financial disclosures are in Canadian dollars unless otherwise stated. Acasta reported EBITDA from continuing operations of $3.6 million and $9.4 million for the three and six months ended June 30, 2019.

  • GlobeNewswire

    Apolo II Acquisition Corp. Signs Definitive Agreement With Terrace Inc. to Advance Qualifying Transaction

    Apolo II Acquisition Corp. (the “Corporation”), a “capital pool company” pursuant to the policies of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a definitive business combination agreement (the “Definitive Agreement”) dated July 17, 2019 with Terrace Inc. (“Terrace”) and Terrance Acquisition Corp. (a wholly-owned subsidiary of the Corporation) (“Subco”) in furtherance of the Corporation’s previously announced proposed Qualifying Transaction (as such term is defined in Policy 2.4 – Capital Pool Companies of the Exchange’s Corporate Finance Manual (the “Manual”)) (the “Proposed Transaction”). Terrace was incorporated pursuant to the provisions of the Business Corporations Act (Ontario) (the “OBCA”) on August 28, 2018.

  • Business Wire

    Acasta Enterprises Announces Completion of Private Placement

    Acasta Enterprises Inc. (AEF.TO) (“Acasta” or the Corporation”) announced today that further to its press release dated June 7, 2019, it has completed a private placement (the “Subsequent Private Placement”) of 2,166,017 Class B Shares of the Corporation (the “Shares”) at a price of $0.68 per share for aggregate gross proceeds of $1,472,891 which is intended to be used to reduce the Corporation’s outstanding bank indebtedness. The private placement was effected at the market price. The Corporation offered to certain of its larger shareholders (the “Offered Shareholders”) the opportunity to participate in the Subsequent Private Placement on the same terms as its initial private placement, which closed on June 7, 2019, on a pro rata basis.

  • Business Wire

    Apollo Health Inc. Files Early Warning Report in Respect of Acasta Enterprises Inc.

    Apollo Health Inc., a company controlled by Charles Wachsberg, the co-Chief Executive Officer of Acasta Enterprises Inc. has filed an Early Warning Report in accordance with National Instrument 62-103 - The Early Warning System and Related Take Over Bids and Insider Reporting Issues, in connection with its acquisition of 2,251,245 Class B shares of Acasta pursuant to a private placement from treasury ...

  • Business Wire

    Apollo Beauty Inc. Files Early Warning Report in Respect of Acasta Enterprises Inc.

    Apollo Beauty Inc., a company controlled by Richard Wachsberg, the co-Chief Executive Officer of Acasta Enterprises Inc. has filed an Early Warning Report in accordance with National Instrument 62-103 - The Early Warning System and Related Take Over Bids and Insider Reporting Issues, in connection with its acquisition of 2,251,245 Class B shares of Acasta pursuant to a private placement from treasury ...

  • Business Wire

    Acasta Announces Results of Voting at Annual Meeting of Shareholders

    Acasta Enterprises Inc. is pleased to announce that it has received shareholder approval for all resolutions voted upon at its annual meeting of shareholders held on May 14, 2019 .

  • Business Wire

    Acasta Enterprises Inc. Reports First Quarter of 2019 Results

    Acasta Enterprises Inc. (AEF.TO) (“Acasta” or the “Company”) today announced the release of its unaudited condensed consolidated financial statements for the three months ended March 31, 2019 and management discussion and analysis (MD&A). All values in this news release and the Company’s financial disclosures are in Canadian dollars unless otherwise stated. The comparative period total comprehensive loss includes losses of $142.4 million from discontinued operations (Stellwagen and JemPak).

  • CNW Group

    IIROC Trade Resumption - AEF

    IIROC Trade Resumption - AEF

  • CNW Group

    IIROC Trading Halt - AEF

    IIROC Trading Halt - AEF

  • Business Wire

    Acasta Enterprises Inc. Announcement

    Acasta Enterprises Inc. (AEF.TO) (“Acasta” or the “Company”) today announced that, after due consideration, it has determined to unwind the previously announced conversion (the “Conversion”) of high yield secured debt that had been converted into Class B Shares of the Company on February 22, 2019. Although the Conversion had received the approval of the Toronto Stock Exchange (the “TSX”), was effected in accordance with all applicable TSX policies and was determined by the independent board members to have been in the best interests of the Company and reasonable under the circumstances, two shareholders have opposed the Conversion and have commenced proceedings before the Ontario Securities Commission seeking to review the TSX’s decision in approving the Conversion.

  • Business Wire

    Acasta Enterprises Inc. Reports 2018 Financial Results

    Acasta Enterprises Inc. (AEF.TO) (“Acasta” or the “Company”) today announced the release of its consolidated financial statements for the year and quarter ended December 31, 2018, management’s discussion and analysis (MD&A) and Annual Information Form (“AIF”). All values in this news release and the Company’s financial disclosures are in Canadian dollars unless otherwise stated. Since assuming operational control of the Company on December 21, 2018, the Company’s refreshed Board and management team have set to the difficult task of eliminating excess expenses and inefficiencies related to the previous operating structure.

  • CNW Group

    Acasta Enterprises Inc. announces closing of debt conversion

    TORONTO , Feb. 22, 2019 /CNW/ - Acasta Enterprises Inc. (AEF.TO) ("Acasta" or the Corporation") is pleased to announce that it has closed its previously announced conversion of secured, high yield debt into equity (the "Conversion"). Acasta believes that this conversion will result in immediate interest cost savings and will serve to significantly reduce the Company's overall indebtedness for the benefit of all shareholders. Acasta believes that the Conversion is in the best interests of the Company and its shareholders and is pleased that, on February 20, 2019 , the TSX, after careful deliberations and considering submissions from both the Company and those shareholders opposed to the Conversion, decided to approve the transaction.

  • CNW Group

    Acasta Enterprises Inc. receives TSX approval in respect of debt reduction plan

    TORONTO , Feb. 20, 2019 /CNW/ - Acasta Enterprises Inc. (AEF.TO) ("Acasta" or the "Corporation") is pleased to announce that it has received TSX approval to complete the conversion of indebtedness as described in its press release of February 8, 2019 . The Corporation remains focused on streamlining operations and continuing to reduce overall debt and is examining a number of alternatives to recapitalize its balance sheet and enhance shareholder value. Certain statements contained in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws which reflect the Corporation's current expectations and projections about future results.

  • CNW Group

    Anson Advisors responds to Acasta accusations

    In Acasta's news release of February 13, 2019 , rather than responding substantively to Anson's concerns outlined in its February 12, 2019 statement about the related-party debt conversion transaction disclosed by Acasta on February 8, 2019 , Acasta has accused Anson of having breached Ontario securities law.

  • CNW Group

    Anson Advisors Inc. issues statement regarding Acasta Enterprises Inc.

    Anson Advisors Inc. issues statement regarding Acasta Enterprises Inc.

  • CNW Group

    Acasta Enterprises Inc. Announcements

    In connection with the initiative to reduce expenses, the Corporation has requested and accepted the resignation of KPMG LLP ("KPMG") and the appointment of UHY McGovern Hurley LLP ("UHY") as the Corporation's auditor. The Corporation thanks KPMG for its services provided to date. UHY is a mid-size firm of Chartered Professional Accountants registered with the Investment Industry Regulatory Organization of Canada ("IIROC"), the Canadian Public Accountability Board ("CPAB"), and the U.S. Public Company Accounting Oversight Board ("PCAOB").  UHY audits approximately 130 reporting issuers and the Board feels UHY is best positioned to meet the Corporation's needs going forward.   In accordance with National Instrument 51-102 ("NI 51-102"), the Company has filed a Change of Auditor Notice ("Notice") on SEDAR together with letters from both KPMG and UHY, with each letter confirming agreement with the statements contained in the Notice, as applicable.

  • ACCESSWIRE

    Today's Research Reports on Midpoint Holdings, Rifco, GMP Capital and Acasta Enterprises

    NEW YORK, NY / ACCESSWIRE / January 14, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • CNW Group

    Acasta Confirms Forfeiture of Certain Founders Shares

    TORONTO , Jan. 2, 2019 /CNW/ - Acasta Enterprises Inc. (AEF.TO) ("Acasta" or the "Corporation")  has confirmed that, pursuant to the terms of the Amended and Restated Forfeiture Conditions and Transfer Restrictions Agreement and Undertaking (the "Forfeiture Agreement") entered into on January 3, 2017 , an aggregate of 5,221,020 Class B Shares, held by the original founders of Acasta and certain transferees, will be forfeited and cancelled by the Corporation for no consideration. This forfeiture and cancellation will reduce Acasta's outstanding share count to 64,994,278 Class B Shares.

  • Business Wire

    Acasta Announces Board Changes and New Co-CEOs

    Acasta Enterprises Inc. announces it has agreed with Charles Wachsberg and Richard Wachsberg, who together own approximately 36% of Acasta and are the co-founders of Apollo Health and Beauty Care , to replace the Board of Directors .

  • ACCESSWIRE

    Today's Research Reports on Acasta Enterprises, Intact Financial, National Bank of Canada and Great-West Lifeco

    NEW YORK, NY / ACCESSWIRE / December 5, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • Business Wire

    Acasta Enterprises Reports Third Quarter Results

    Acasta Enterprises Inc. today announced its consolidated financial results for the quarter ended September 30, 2018 and provided the following corporate update.