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.
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