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IM Cannabis Corp.
IM Cannabis Corp.'s registration statement (File No. 333-299370) was declared effective by the SEC on October 20, 2026. This filing confirms the completion of the necessary legal procedures for the company's securities offering.…more
IM Cannabis Corp.
IM Cannabis Corp. has filed a Form F-3 registration statement for the resale of up to 2,799,276 common shares related to previously issued convertible promissory notes, warrants, and debt settlement agreements. This filing covers shares issuable from various private placement notes and debt settlements executed between July and October 2026. While the registration is for the resale of shares by selling shareholders and does not provide new capital to the company, the company will receive cash proceeds upon the exercise of the associated warrants.…more
IM Cannabis Corp.
IM Cannabis completed the sale of its European-focused operations, IMC Holdings, on September 29, 2026. The company expects the transaction to improve shareholders' equity by approximately C$3 million and reduce consolidated liabilities, allowing it to focus on its retained Israeli medical cannabis operations.…more
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IM Cannabis Files Prospectus For Resale Of Up To 2.8 Million Shares
IM Cannabis has filed a prospectus for the resale of up to 2,799,276 shares held by selling shareholders, including CEO Oren Shuster. This potential sale by existing shareholders may raise concerns regarding equity dilution.…more
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IM Cannabis has finalized the sale of IMC Holdings and reorganized its Israeli operations to improve its financial position. The company expects the transaction to enhance shareholders' equity by approximately C$3 million.…more
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IM Cannabis has received notification from Nasdaq confirming that it has regained compliance with the minimum bid price requirement. This development removes the immediate risk of delisting, providing greater stability for the stock.…more
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