Village farms international announces approximately us$25 million registered direct offering

Vancouver, bc , jan. 26, 2023 /prnewswire/ - village farms international, inc. ("village farms" or the "company") (nasdaq: vff) announced today that it has entered into definitive agreements with certain institutional investors for the purchase and sale of 18,350,000 of its common shares together with warrants to purchase up to 18,350,000 common shares, pursuant to a registered direct offering. the common shares and warrants are being sold at a combined purchase price of us$1.35 per share and accompanying warrant for expected gross proceeds of approximately us$25 million, before deducting placement agent fees and other offering expenses payable by village farms.
VFF Ratings Summary
VFF Quant Ranking