Subversive Capital Acquisition Corp. Upsizes Offering From $36.5M To $63M

Subversive Capital Acquisition Corp. (OTCQX: SBVCF) announced Thursday it has upsized a previously announced private placement.

The cannabis-focused special-purpose acquisition company recently closed the largest cannabis SPAC deal in history, merging with CalivaLeft Coast Ventures and Shawn "JAY-Z" Carter’s Roc Nation.

The non-brokered private placement, which included subscription receipts and non-voting shares of a SCAC subsidiary, generated almost double the expected commitments.

The total amounted …

Full story available on Benzinga.com

More Subversive Capital Acquisition Corp. Upsizes Offering From $36.5M To $63M