Boustead Client Flora Growth Corp. Announces Initial Public Offering: FLGC on Nasdaq
Boustead Securities, LLC (“Boustead”) client Flora Growth Corp. ("Flora" or the "Company") (proposed Nasdaq ticker symbol: "FLGC"), a vertically integrated cannabis company operating in Colombia and headquartered in Toronto, has filed a registration statement with the SEC for its planned IPO.
Boustead is the lead underwriter for the offering.
In its proposed IPO, the Company is offering 3,333,333 common shares. The IPO price is anticipated to be between US$4.00 and US$5.00. The offering size is US$13,333,332 to US$16,666,665.
The Company has applied to list on NASDAQ under the ticker symbol "FLGC".
The offering of these securities will be made only by means of a prospectus, which is a part of the registration statement filed with the SEC. Copies of the prospectus may be obtained from: Boustead Securities, LLC.
Email email@example.com or call +1 (949) 502-4408 or request by standard mail at Boustead Securities, LLC, Attn: Equity Capital Markets, 6 Venture, Suite 395, Irvine, CA 92618, USA.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
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Cautionary Statement Concerning Forward-Looking Statements
This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.