IM Cannabis Corp. announced a registered direct offering of 655,000 common shares at $2.00 each, raising approximately $1.31 million before expenses. The proceeds will support working capital and general corporate purposes, including potential new business opportunities. The offering is expected to close around September 24, 2026, subject to customary conditions. The company operates medical cannabis businesses in Israel and Germany but plans to sell its German operations following pending transactions.
IM Cannabis's recent registered direct offering is presented here with Pluang's Health sector market data for context. For readers following Health stocks, as of Sep 23, 2026 19:12 WIB, out of 100 priced US Health-sector stocks tradable on Pluang, 39 rose and 50 fell. Notable movers include CRON at USD 3.48 with a 1-day change of +1.46% and 100% sell order activity, DVA at USD 186.36 with a 1-day change of +1.44% and 80% sell order activity, and GSK at USD 50.00 with a 1-day change of -1.42%.
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