Village Farms Stock Plummets On $25M Registered Direct Offering

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Village Farms Stock Plummets On $25M Registered Direct Offering

Village Farms International, Inc. (NASDAQ: VFF) has entered into definitive agreements with certain institutional investors for the purchase and sale of 18.35 million of its common shares together with warrants to purchase up to 18.35 million common shares, pursuant to a registered direct offering. The common shares and warrants are being sold at a combined purchase price of $1.35 per share and accompanying warrant for expected gross proceeds of…