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CURE Pharmaceutical Closes $10 Million Financing

CURE Pharmaceutical Closes $10 Million Financing

11/02/20, 1:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgoxnard
Money raised
$10 million
CURE Pharmaceutical Holdings (OTC: CURR), a developer and manufacturer of innovative delivery formulations for drugs, supplements and wellness products, today announced that it has received the first tranche of $4 million of a committed financing of $10 million, after original issue discounts, through the issuance of convertible notes (the “Notes”). Axiom Capital Management, Inc. acted as the sole placement agent in the transaction.

Company Info

Company
Cure Pharmaceutical Holding Corp.
Location
oxnard, california, united states
Additional Info
CURE may repay the obligations of the Notes in cash only, or the Notes may be converted upon election of the investor at a fixed price of $1.32 per share subject to certain adjustments.