Tuesday, March 15, 2022
1:13 PM EST – Halo Collective Inc. : Congratulates Akanda Corp. (NASDAQ: AKAN), an international medical cannabis company, on the pricing of its initial public offering of 4,000,000 common shares at a price of $4.00 per share to the public for a total of $16,000,000 of gross proceeds to Akanda, prior to deducting underwriting discounts, commissions, and other Offering expenses. Akanda has received approval to list its common shares on The Nasdaq Capital Market, with its common shares expected to begin trading on March 15, 2022 , under the symbol “AKAN.” The Offering is expected to close on March 17, 2022 , subject to customary closing conditions. Halo is Akanda’s largest shareholder owning 12,674,957 common shares, representing approximately 44% of issued and outstanding proforma common shares post-closing of the Offering. Halo Collective Inc. (O.HCANF) shares were up 42 cents at 0.91.
Stocks in Play: Halo Collective Inc. , Tue, 15 Mar 2022 01:27:07 EST