Rocky mountain chocolate factory closes $2.2 million private placement, led by strategic investment from american heritage railways

Durango, colo., aug. 06, 2024 (globe newswire) -- rocky mountain chocolate factory inc. (nasdaq: rmcf) (the “company”, “we”, or “rmcf”), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, has closed a securities purchase agreement for a private investment in public equity ("pipe") financing that resulted in gross proceeds of approximately $2.2 million to the company, before deducting offering expenses.
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