On May 2, 2025, Flora Growth Corp., an Ontario-based corporation, entered into a securities purchase agreement with certain investors for a private placement. The transaction involved the issuance and sale of 3,133,011 common shares at a price of US$0.30 per share, and 726,992 pre-funded warrants at US$0.2999 per warrant, each warrant exercisable for one common share at an exercise price of US$0.0001 per share. The net proceeds from these transactions amounted to approximately US$1,100,000.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flora Growth Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-25-008357), on May 02, 2025, and is solely responsible for the information contained therein.