other material
confidence high
sentiment neutral
materiality 0.60
Flora Growth announces $3.23M public offering of 1.7M shares at $1.90 each
ZeroStack Corp.
- Underwriting agreement with Aegis Capital Corp. for 1,700,000 common shares at $1.90/share.
- Expected close April 8, 2024; net proceeds of approx. $2.8 million after underwriting discounts and expenses.
- Underwriter discount: 7% for Aegis-introduced investors, 3% for company-introduced; expense reimbursement up to $75,000.
- 90-day lock-up restrictions on share sales by executives and directors without Aegis consent.