IM Cannabis Announces $1.31M Registered Direct Offering Of 655,000 Common Shares At A Price Of $2/Share
IM Cannabis Corp. ("IMCC" or the "Company") (NASDAQ:IMCC), a medical cannabis company with operations in Israel and Germany, today announced that it has entered into securities purchase agreements with
IM Cannabis is selling new shares to raise $1.31 million in cash. When a company sells new shares, it means each old share owns less of the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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