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Cannasouth rights issue falls short, goes to investor bookbuild

Including oversubscriptions, the company has so far raised $3.1m of the $4.1m sought.

Cannasouth chair Tony Ho.

Andrew Bevin Thu, 08 Sep 2022

Cannasouth’s rights issue has closed with $1.52m of the target $4.1m raised, with the remainder to be handled through a bookbuild with participating shareholders.

The NZX-listed medical cannabis company launched the capital raise, structured as a one-for-10 pro-rata renounceable rights issue, on

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Andrew Bevin Thu, 08 Sep 2022
Contact the Writer: andrew@nbr.co.nz
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Cannasouth rights issue falls short, goes to investor bookbuild
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