other material
confidence high
sentiment neutral
materiality 0.60
Flora Growth raises ~$3.6M in registered direct offering of 2.85M shares at $1.25/share
ZeroStack Corp.
- Net proceeds of approximately $3.1M after deducting placement fees and estimated expenses.
- Aegis Capital Corp. acted as placement agent; commission of 7.0% of gross proceeds.
- Proceeds will be used for general corporate purposes and working capital.
- Closing expected on December 16, 2024.