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Akanda Corp. Engages in Private Offering and Amends Share Exchange Agreement

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Akanda Corp. Engages in Private Offering and Amends Share Exchange Agreement

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Akanda Corp ( (AKAN) ) has shared an update.

Akanda Corp., an Ontario-based company, recently engaged in a private offering, selling 228,572 restricted common shares at a price of US$1.40 per share, raising approximately US$320,000. This transaction, which began around March 25, 2025, involved accredited investors from the United States and Canada. Additionally, Akanda Corp. amended its Share Exchange Agreement with First Towers & Fiber Corp., extending the ‘End Date’ from March 31, 2025, to June 30, 2025. These developments are likely to impact the company’s financial strategy and partnerships moving forward.

More about Akanda Corp

YTD Price Performance: -18.34%

Average Trading Volume: 70,506

Technical Sentiment Signal: Buy

Current Market Cap: $2.83M

See more data about AKAN stock on TipRanks’ Stock Analysis page.

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