Cbdmd, inc. announces closing of $17,250,000 underwritten public offering of its 8.0% series a cumulative convertible preferred stock

Charlotte, n.c.--(business wire)--cbdmd, inc. (nyse american: ycbd, ycbdpa), today announced the closing of its previously announced underwritten public offering for total gross proceeds of $17,250,000, before deducting underwriting discounts, commissions and other offering expenses payable by the company. cbdmd, inc. sold an aggregate of 2,300,000 shares of its 8.0% series a cumulative convertible preferred stock at a purchase price of $7.50 per share in this offering which included the full e
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