Indiva (TSE:NDVA) has released an update.
Indiva Limited, a leader in Canadian cannabis edibles, has successfully completed the first tranche of its recent private placement offering, raising $906,000 by issuing 9,060,000 units. Each unit includes a share and a half warrant, with each warrant allowing purchase of a share at $0.15 within 36 months. The proceeds from this offering, expected to fully close by March 5, 2024, are earmarked for purposes detailed in the company’s public documents.
For further insights into TSE:NDVA stock, check out TipRanks’ Stock Analysis page.
