Leef Brands prices US$5.2 million preferred share private placement at US$0.25 per share

Reuters2026/08/03 10:08

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Leef Brands closed an oversubscribed preferred financing with total gross proceeds of about US$14.5 million across all closings.
Latest closing raised US$5.2 million via 20,800,000 Preferred Shares - Series A-2 at US$0.25 each, convertible at US$0.25.
Proceeds earmarked to buy a cannabis processing and storage facility supporting Salisbury Canyon Ranch biomass before transport to LEEF Labs.
Financing also included an exchange issuing 12,601,551 Series A-2 Shares for cancellation of 11,204,376 Preferred Shares - Series 1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leef Brands Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-035720), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Leef Brands prices US$5.2 million preferred share private placement at US$0.25 per share

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