Flora Growth Raises $34.5M Via Public Unit Offering

Flora Growth Corp. (NASDAQ: FLGC) announced Tuesday the closing of its $34.5 million underwritten public offering of 11.5 million units. 

The Offering Details

Under the offering, each unit consisted of one share of the company and one-half warrant; each whole unit warrant entitles the holder thereof to purchase one common share.

The units sold include an additional 1.5 million units sold pursuant to the exercise in full of the overallotment option granted to the underwriters. The …

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