RE:Private placement at $5.30This is great news !!!!!! And not so good news.
1. This means dilution. Not good for share value
2. Great news , likely need the cash raise for d2 expansion. This corresponds with Emh cash raise of almost 40 million earlier this week.
3 last time they had a private placement they used the cash to unencumber d 3 greenhouse.
Going to be super exciting as if they announce d2 option exercised and CEO selected !!!!!