CannapharmaRx pays off convertible notes [Seeking Alpha]
CANNAPHARMARX INC (CPMD)
Company Research
Source: Seeking Alpha
This transaction will avoid potential dilution of the company's stock and protect shareholder interests. The notes, with 1800 Diagonal Lending and Janbella Group, were paid with cash generated primarily from debt financing from a different lender. The repayment of the notes strengthens the company and provides CannapharmaRx with increased flexibility moving forward to execute its strategy. "Removal of this toxic overhang was a high priority for the company, and we are looking forward to a valuation based on our strong fundamentals moving forward," commented Dean Medwid, CEO of CannapharmaRx. Recommended For You More Trending News Recommended For You More Trending News About CPMD Stock Related Stocks Trending Analysis Trending News
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News
- CannapharmaRx Pays Off Convertible Notes [Yahoo! Finance]Yahoo! Finance
- CannapharmaRx Pays Off Convertible NotesAccesswire
- CannapharmaRx Receives First Purchase Order and Begins Shipment of Product [Yahoo! Finance]Yahoo! Finance
- CannapharmaRx Receives First Purchase Order and Begins Shipment of ProductAccesswire
- CannaPharmaRx Completes First Harvests [Yahoo! Finance]Yahoo! Finance
CPMD
Sec Filings
- 3/27/24 - Form NT
- 2/22/24 - Form 8-K/A
- 2/16/24 - Form 8-K
- CPMD's page on the SEC website