BRIEF-Flora Growth Entered Into Binding Letter Of Intent With TruHC Holding GmbH To Acquire All Of Issued And Outstanding Shares Of TruHC Pharma GmbH-February 2024-www.financetom.com

BRIEF-Flora Growth Entered Into Binding Letter Of Intent With TruHC Holding GmbH To Acquire All Of Issued And Outstanding Shares Of TruHC Pharma GmbH

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BRIEF-Flora Growth Entered Into Binding Letter Of Intent With TruHC Holding GmbH To Acquire All Of Issued And Outstanding Shares Of TruHC Pharma GmbH

Apr 5, 2024 5:35 AM

April 5 (Reuters) - Flora Growth Corp ( FLGC ):

* FLORA GROWTH ( FLGC ): ENTERED INTO BINDING LETTER OF INTENT WITH

TRUHC

HOLDING GMBH TO ACQUIRE ALL OF ISSUED AND OUTSTANDING SHARES OF

TRUHC PHARMA GMBH

* FLORA GROWTH ( FLGC ): FLORA WILL ISSUE TO TRUHC HOLDING GMBH 2.8

MILLION

COMMON SHARES WITH AGGREGATE DEEMED PURCHASE PRICE OF US$6.4

MILLION

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