Cannabis tech company converts $13.8M in debt to equity
Added on 24 May 2024
CP Acquisitions, an entity controlled by Agrify Chair and CEO Raymond Chang and board member I-Tseng Jenny Chan, converted $11.5 million of its senior convertible notes into a prefunded warrant exercisable for up to approximately 8.6 million shares of common stock, according to a news release.
Photo by Chris Briggs on Unsplash
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