Akanda Corp (AKAN) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Akanda Corp. has addressed its previous non-compliance with Nasdaq’s minimum shareholders’ equity requirement by raising approximately $10 million through public securities sales and selling its subsidiary for $2 million. The company believes it has regained compliance, but Nasdaq will continue to monitor and may consider delisting if future reports show non-compliance.
For further insights into AKAN stock, check out TipRanks’ Stock Analysis page.