EX-FILING FEES

 

Calculation of Filing Fee Tables

 

FORM F-10
(Form Type)

 

AYR WELLNESS Inc.
(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered and Carry Forward Securities

 

   Security Type  Security
Class Title
(1)
  Fee
Calculation
or Carry
Forward
Rule
  Amount
Registered
   Proposed
Maximum
Offering
Price
Per Unit
   Maximum
Aggregate
Offering
Price
   Fee Rate   Amount of
Registration
Fee
 
                              
Newly Registered Securities
Fees to be Paid  Unallocated (Universal) Shelf  Subordinate Voting Shares Restricting Voting Shares Limited Voting Shares Warrants Subscription Receipts Debt Securities Convertible Securities Units  Rule 457(o)  $373,800,000(1)     (1)   $373,800,000(1)(2)   $0.0001102   $41,192.76(1)(2) 
Fees Previously Paid  -  -  -   -    -    -    -    - 
   Total Offering Amounts            $373,800,000        $41,192.76 
   Total Fees Previously Paid                      $0 
   Total Fee Offsets                      $43,285.42 
   Net Fee Due                      $0 

 

(1)There are being registered under this Registration Statement such indeterminate number of subordinate voting shares, restricting voting shares, limited voting shares, warrants, subscription receipts, debt securities, convertible securities, units of the Registrant, and a combination of such securities, as may be sold by the registrant from time to time, which collectively shall have an aggregate initial offering price not to exceed USD$373,800,000 (converted from CAD$500,000,000 at an exchange rate of CAD$1.00 = USD$0.7476, which was the daily exchange rate as reported by the Bank of Canada on November 25, 2022). The securities registered hereunder also include such indeterminate number of each class of identified securities as may be issued upon conversion, exercise or exchange of any other securities that provide for such conversion into, exercise for or exchange into such securities. Separate consideration may or may not be received for securities that are issuable on exercise, conversion or exchange of other securities. In addition, pursuant to Rule 416 under the Securities Act of 1933 (the “Securities Act”), as amended, the common shares being registered hereunder include such indeterminate number of subordinate voting shares, restricting voting shares, limited voting shares as may be issuable with respect to the shares being registered hereunder as a result of stock splits, stock dividends, or similar transactions. The proposed maximum initial offering price per security will be determined, from time to time, by the registrant in connection with the sale of the securities under this Registration Statement.

 

(2)Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(o) of the Securities Act.

 

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Table 2: Fee Offset Claims and Sources

 

   Registrant
or Filer
Name
  Form or
Filing
Type
  File
Number
  Initial
Filing Date
  Filing Date  Fee Offset
Claimed
   Security
Type
Associated
with Fee
Offset
Claimed
  Security
Title
Associated
with Fee
Offset
Claimed
  Unsold
Securities
Associated
with Fee
Offset
Claimed
  Unsold
Aggregate
Offering
Amount
Associated
with Fee
Offset
Claimed
   Fee Paid
with Fee
Offset
Source
 
                                     
Rule 457(p)  
Fees Offset Claims  Ayr Wellness Inc.  F-10  333-253466  02/24/2021     $43,285.42(3)   Unallocated (Universal) Shelf  Unallocated (Universal) Shelf  Unallocated (Universal) Shelf  $396,750,000      
Fees Offset Sources  Ayr Wellness Inc.  F-10  333-253466     02/24/2021                     $43,285.42 

 

(3)All US$43,285.42 of the previously paid fees in connection with the registration of US$396,750,000 of unsold securities that were previously registered under the Registration Statement on Form F-10 (File No. 333-253466) on February 24, 2021 (the “Prior Registration Statement”). Pursuant to Rule 457(p) under the Securities Act of 1933, such unutilized filing fees may be applied to the filing fees payable pursuant to this Registration Statement, and the Prior Registration Statement and the offering of the unsold securities registered under the Prior Registration Statement will be deemed terminated as of the effective date of this Registration Statement.

 

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