NasdaqCM:ETHZBiotechs
180 Life Sciences (ATNF) Soars 204.8% After $425M Capital Raise and Board Overhaul – Has the Bull Case Changed?
In recent announcements, 180 Life Sciences Corp. reported the completion of very large private placements, raising over US$425 million through common share and pre-funded warrant offerings, alongside the issuance of US$156.25 million in convertible notes to an institutional investor.
A simultaneous overhaul in board composition introduced directors with extensive experience in finance, energy, and capital markets, signaling a potential evolution in the company’s operational focus and market...