other material
confidence high
sentiment neutral
materiality 0.70
International Land Alliance closes $2M private placement of 3M shares at $0.68
International Land Alliance Inc.
- Closed $2M private placement: 3,000,000 shares at $0.68 each with a single institutional investor.
- Issued warrants for 3M shares at $0.68, immediately exercisable, expiring in 5.5 years.
- H.C. Wainwright & Co. acted as exclusive placement agent for the offering.
- Net proceeds for construction, sales/marketing, debt retirement, and working capital.
- Resale registration statement for the shares and warrant shares to be filed within 30 days.