#VELA investee co. #KNB Kanabo Group PLC – Appointment and Fundraiser May 9, 2023 – Posted in: Vela Technologies Plc (VELA)

Kanabo Group plc (LSE: KNB), the patient focused healthcare technology and cannabis company, is pleased to announce the completion of a fundraise (the “Fundraise”) to raise approximately £2.54 million via the issue of 88,194,443 new Ordinary Shares (“Fundraise Shares”). Additionally, the Company has also agreed to issue investors warrants to purchase up to 44,097,220 new Ordinary Shares. Participants in the fundraising include a new institutional investor as well as the Group’s recently appointed Non-Executive Chairman,…