KushCo (OTCQB:KSHB -15.1%) enters into definitive agreements with investors for 6,476,190 shares, and warrants to purchase up to 3,238,095 shares at a combined price of $5.25 per share
• The warrants have an exercise price of $5.75 per share
• Gross proceeds of ~$34M is expected to be used for general corporate purposes
• Additionally, the company enters into various long-term supply arrangements-in-principle with regard to three large, new customers, with an aggregate value of up to $75M over the next three years.
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