4Front Ventures Announces Brokered Offering of Up to C$5,000,100 of Units
PHOENIX, Ariz., June 26, 2024 /PRNewswire/ – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” of the “Company“), a vertically integrated, multi-state cannabis operator and retailer, is pleased to announce that it has entered into an agreement with Eight Capital (the “Lead Agent“), as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed (collectively with the Lead Agent, the “Agents“) to act as agents on a “best efforts” basis to sell up to 47,620,000 units of the Company (the “Units“) at a price of C$0.105 per Unit (the “Offering Price“) for gross proceeds of up to C$5,000,100 (the “Offering“).
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