Sunday, January 20, 2019 3:25:35 PM
Cannapharmarx $2.50 million Financing.
Source: https://whatsonthorold.com/2019/01/18/cannapharmarx-2-50-million-financing-gary-herick-published-jan-18-form-d/
Cannapharmarx, Inc., Corporation just submitted form D about $2.50 million debt financing. The date of first sale was 2018-08-10. Cannapharmarx was able to finance itself with $2.07 million. That is 82.68 % of the financing round. The total private financing amount was $2.50 million. The form was filed on 2019-01-18. The reason for the financing was: The Board of Directors of the Issuer authorized an increase in the Total Offering Amount from $2,000,000 to $2,500,000.. The fundraising still has about $433,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
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