Brief: Smart For Life Announces Capital Restructuring Designed To Address Nasdaq Listing Requirements And Unlock Shareholder Value
09/12/2022 21:33
Dec 9 (Reuters) - Smart for Life Inc SMFL.O :
* SMART FOR LIFE ANNOUNCES CAPITAL RESTRUCTURING DESIGNED TO
ADDRESS NASDAQ LISTING REQUIREMENTS AND UNLOCK SHAREHOLDER VALUE
* SMART FOR LIFE INC - INCLUDES $1.0M PRIVATE PLACEMENT WITH
ACCREDITED INSTITUTIONAL INVESTORS; AND CONVERSION OF $2.5M OF
DEBT TO EQUITY
Source text for Eikon: ID:nGNX8Rtr0q
Further company coverage: SMFL.O
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