Cbdmd, inc. announces pricing of $15 million 8.0% series a cumulative convertible preferred stock offering

Charlotte, n.c.--(business wire)--cbdmd, inc. (nyse american: ycbd, ycbdpa) today announced the pricing of its underwritten public offering of 2,000,000 shares of its 8.0% series a cumulative convertible preferred stock at a price to the public of $7.50 per share. cbdmd expects to receive gross proceeds of $15,000,000 from the offering. the closing of the offering is expected to occur on or about december 11, 2020, subject to the satisfaction of customary closing conditions. the shares will be
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