other material
confidence high
sentiment neutral
materiality 0.40
Flora Growth enters into at-the-market equity offering agreement with Aegis Capital
ZeroStack Corp.
- ATM sales agreement with Aegis Capital Corp. allows Flora to sell common shares at its option.
- Agent commission is up to 3.0% of gross proceeds from any sales under the agreement.
- Sales will be made under existing Form S-3 (File No. 333-274204) as an 'at-the-market' offering.
- Company is not obligated to sell any shares; agreement may be terminated by either party.
- No immediate sales announced; filing establishes a shelf facility for future capital raises.