OTCQB:VVCIF - Post by User
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1hot-techwomanon Mar 05, 2021 1:45pm
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$8 million raised at $0.21 = Buytime at $0.16 :)
$8 million raised at $0.21 = Buytime at $0.16 :) VIVO Cannabis Announces Closing of $8 Million Overnight Marketed Public Offering Including Full Exercise of Over-Allotment Option
Friday, February 26, 2021, 9:59 AM ET
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
TORONTO, Feb. 26, 2021 /CNW/ - VIVO Cannabis Inc. (TSX: VIVO) ("VIVO" or the "Company") announced today the closing of its previously announced overnight marketed public offering (the "Offering") of 38,333,334 units of the Company (each, a "Unit" and, collectively, the "Units") for aggregate gross proceeds of approximately $8 million, including the full exercise of the over-allotment option granted to the underwriters in connection with the Offering.
Each Unit was sold for $0.21