Akanda corp. announces pricing of underwritten public offering

London, united kingdom--(newsfile corp. - october 2, 2024) - akanda corp. (nasdaq: akan) ("akanda" or the "company"), an international medical cannabis company, today announced that it has entered into a firm commitment underwriting agreement with univest securities, llc, as underwriter, whereby univest has agreed to purchase 1,500,000 common shares (or pre-funded warrants in lieu thereof) at a public offering price of $1.00 per share or $0.9999 per pre-funded warrant in an underwritten public offering. the gross proceeds to akanda are estimated to be approximately $1,500,000 before deducting the underwriter fees and other offering expenses payable by the company.
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