Here are the 424B prospectus supplements from Akanda Corp. (AKAN) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AKAN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AKAN filings page.
Akanda Corp. is registering for resale up to 3,752,212 common shares, which represent the maximum number of shares that can be issued upon conversion of $12,000,000 of principal plus interest under outstanding convertible promissory notes, using a floor price of $0.678 per share. This prospectus supplement adds information from a new financing where Akanda agreed to issue additional convertible promissory notes to institutional investors for $7.0 million of gross proceeds. The new notes bear 10% annual interest, mature 12 months after issuance, and are convertible into common shares at the lower of $1.27 per share, 85% of a five-day VWAP, or 85% of the prior-day closing price, but not below $0.254 per share. Akanda plans to use about $2.3 million for marketing, $2.6 million for working capital and general corporate purposes, and up to $2.1 million to repay debt. The company will pay a 1.0% placement fee of $70,000 and has agreed to register the resale of the shares underlying the new notes pursuant to a registration rights agreement.
Akanda Corp. has registered up to 3,752,212 common shares for resale by certain selling stockholders, representing the maximum number of post-reverse-split shares that may be issued upon conversion of $12,000,000 in principal, plus interest, under outstanding convertible promissory notes using a $0.678 per share floor price. A Form 6-K incorporated into this prospectus supplement describes a 1-for-5 reverse stock split, effective January 12, 2026, which reduces the number of outstanding common shares from approximately 10.1 million to approximately 2.0 million. The reverse split applies uniformly to all shareholders, with fractional shares rounded down, and outstanding options, warrants and other convertible securities adjusted proportionately. Akanda’s common shares continue to trade on the Nasdaq Capital Market under the symbol AKAN.