Flora Growth suspends $3.45M ATM program
Flora Growth Corp. files a supplement to its prospectus supplement to suspend its at-the-market equity offering program.
Rhea-AI Filing Summary
Flora Growth Corp. files a supplement to its prospectus supplement to suspend its at-the-market equity offering program. The company had authority to sell up to $3,450,000 of common shares through an ATM sales agreement with Revere Securities LLC. This Supplement suspends the ATM and terminates continuous offering, effective on January 27, 2026, and states no shares have been sold under the Sales Agreement.
Positive
- None.
Negative
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Insights
Neutral: the company pauses an unused $3.45M ATM program.
Flora Growth had an at-the-market sales agreement permitting up to $3,450,000 aggregate offering price of common shares via Revere Securities LLC. The Supplement states no shares have been sold under that agreement.
The Supplement suspends the ATM and ends the continuous offering effective on January 27, 2026. Cash-flow treatment is not stated; subsequent filings may disclose any restart or replacement terms.
FAQ
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What did Flora Growth (FLGC) file in this supplement?
How much could Flora Growth sell under the ATM before the suspension?
Does the Sales Agreement remain in effect after the suspension?
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