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IM Cannabis Announces Pricing of Proposed Public Offering of Securities
ACCESSWIRE
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE /
May 5, 2021
Company ) (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator (
MCO ) in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, announces that is has entered into a best-efforts agency agreement (the
Agency Agreement ) in connection with its previously announced overnight marketed offering (the
Offering ) of common shares of the Company (each an
Offered Share ) and common shares purchase warrants (each a
Warrant ). In connection with the Offering, IMC has also entered into definitive securities purchase agreements with certain institutional investors in the United States on a registered direct basis. The Offering is for up to 6,086,956 Offered Shares at a price of US$5.75 per Offered Share and, for no additional consideration, up to 3,043,478 Warrants. Each Warrant will entitle t
May 5, 2021 at 9:46 am Published by NCV Newswire
IM Cannabis Announces Pricing of Proposed Public Offering of Securities
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / May 5, 2021 / IM Cannabis Corp. (“IMC” or the “Company”) (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator (“MCO”) in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, announces that it has entered into a best-efforts agency agreement (the “Agency Agreement”) in connection with its previously announced overnight marketed offering (the “Offering”) of common shares of the Company (each an “Offered Share”) and common shares purchase warrants (each a “Warrant”). In connection with the Offering, IMC has also entered into definitive securities purchase agreements with certain institutional investors in the United States on a registered direct basis. The Offering is for up to 6,086,956 Offered Shares at a price of US$5.75 per Offere
IM Cannabis Corp.: IM Cannabis Announces Pricing of Proposed Public Offering of Securities
May 5, 2021
Company ) (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator (
MCO ) in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, announces that it has entered into a best-efforts agency agreement (the
Agency Agreement ) in connection with its previously announced overnight marketed offering (the
Offering ) of common shares of the Company (each an
Offered Share ) and common shares purchase warrants (each a
Warrant ). In connection with the Offering, IMC has also entered into definitive securities purchase agreements with certain institutional investors in the United States on a registered direct basis. The Offering is for up to 6,086,956 Offered Shares at a price of US$5.75 per Offered Share and, for no additional consideration, up to 3,043,478 Warrants. Each Warrant will entitle the holder to purchase one common share of t
IM Cannabis Corp.: IM Cannabis Announces Proposed Public Offering of Securities
IMC or the
Company ) (CSE:IMCC)(NASDAQ:IMCC), a multi-country operator (
MCO ) in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, announces that it has commenced an overnight marketed offering (the
Offering ) of the Company s common shares (each an
Offered Share ) on a best-efforts agency basis. The Company may also issue to purchasers of Offered Shares, for no additional consideration, common share purchase warrants (each a
Warrant ) that would entitle the holder to purchase common shares of the Company at a price and for a term to be determined in the context of marketing for the Offering.