01:42 PM EDT, 08/12/2025 (MT Newswires) -- Leef Brands ( LEEEF ) was last seen 10% after the company on Tuesday upsized a private-placement offering of share units to $1.9 million from its prior target of $1 million.
The company will now offer 7.6-million shares units priced at $0.25 and made up of a share and a two-year warrant to buy a share for $0.30. Closing of the offering is expected on or about August 15.
Proceeds are expected to be used for general working capital purposes, supporting its continued momentum from its successful harvest at Salisbury Canyon Ranch and accelerating the scale of operations in New York.
Shares of the company were last seen up $0.03 at $0.33 on the Canadian Securities Exchange.
Price: 0.32, Change: +0.02, Percent Change: +6.67