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Benzinga

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Maureen Meehan

Akanda Corp. Announces Pricing Of IPO, Set To Commence Trading On NASDAQ

Akanda Akanda Corp Nasdaq United Kingdom

Akanda Corp (NASDAQ:AKAN) an international medical cannabis company, announced the pricing of its initial public offering of 4 million common shares at $4.00 per share to the public for a total of $16 million in gross proceeds to the Company, prior to deducting underwriting discounts, commissions, and other expenses.

Akanda recieved approval to list its common shares on the NASDAQ to begin trading on Tuesday under the symbol "AKAN."

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