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Bullboard - Stock Discussion Forum Willow Biosciences Inc T.WLLW

Alternate Symbol(s):  CANSF

Willow Biosciences Inc. is a Canada-based biotechnology company. The Company develops and produces precision fermented functional ingredients for the health and wellness, food and beverage and personal care markets. Its FutureGrown biotechnology platform allows production with sustainability at its core. Its commercial product, Cannabigerol CBG, which is a cannabinoid that has anti-microbial... see more

TSX:WLLW - Post Discussion

Willow Biosciences Inc > Willow Announces Upsize of Public Offering to $10M
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Post by HGBlog on Oct 21, 2020 9:03am

Willow Announces Upsize of Public Offering to $10M

VANCOUVER, BC, Oct. 21, 2020 – Willow Biosciences Inc. (“Willow” or the “Company“) (TSX: WLLW) (OTCQX: CANSF) is pleased to announce that, in connection with its previously announced public offering, ATB Capital Markets Inc., as lead agent, together with Canaccord Genuity Corp. and Eight Capital (collectively, the “Agents“), have agreed to sell 15,384,615 units (“Units“) of the Company at a price of $0.65 per Unit (the “Issue Price“) for aggregate gross proceeds of approximately $10.0 million (the “Offering“), representing an increase of $2.0 million, due to excess demand...

For full news release: https://howardgroupinc.com/2020/10/willow-biosciences-announces-pricing-and-upsize-of-previously-announced-public-offering-to-10-0-million/
Comment by lscfa on Oct 21, 2020 9:30am
Warrants have some value so a $0.65 unit = $0.60 sh + 1/2 of $0.10 wrt. 
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