Flora Growth (FLGC) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Flora Growth Corp. has successfully closed a registered direct offering, raising approximately $3.6 million through the sale of 2.85 million common shares at $1.25 each. The company plans to utilize the proceeds for general corporate purposes and working capital. Aegis Capital Corp. served as the exclusive placement agent for the offering.
For further insights into FLGC stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- General Motors (NYSE:GM) Takes on the Taxpayer in Building Renovations
- Honda (NYSE:HMC) Looks to Ramp Up Hybrid Sales
- Air Canada (TSE:AC) Offers Guidance, Projects “Strong Revenue Growth” Eventually
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
