RE:Eight capital are no idiots 8capital didn't invest, they found investors for weedMD. That's the service Eights Capital provided
babasilvi wrote: Do you think Eight capital would but in 17 500 000$ without looking at the books?
On February 11, 2021, the Company announced it has entered into a letter of engagement with Eight Capital, under which Eight capital has agreed to purchase, as joint bookrunner and co-lead underwriter along with Canaccord Genuity Corp., 21,342,000 units of the Company (the “Units”), on a bought deal basis at a price per Unit of $0.82 for gross proceeds of $17,500,440.
Think about it.