Sign In  |  Register  |  About Sunnyvale  |  Contact Us

Sunnyvale, CA
September 01, 2020 10:10am
7-Day Forecast | Traffic
  • Search Hotels in Sunnyvale

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

InvestorNewsBreaks – Hempacco Co. Inc. (NASDAQ: HPCO) Closes on $7.245M Public Offering

Hempacco (NASDAQ: HPCO), a vertically integrated hemp manufacturing company, has closed on its upsized underwritten public offering. The offering consisted of an estimated 4,830,000 shares of common stock, including an additional 630,000 shares issued pursuant to the full exercise of the overallotment option by the underwriters. According to the announcement, the common shares were sold for $1.50 per share, resulting in gross proceeds of some $7.245 million before subtracting standard underwriting discounts, commissions and other offering expenses. The company anticipates using the offering’s net proceeds for sales and marketing along with potential acquisitions and upgrades to the company’s existing manufacturing facility, working capital, and other general corporate purposes. 

To view the full press release, visit https://ibn.fm/Xr8v8

About Hempacco Co. Inc.

Hempacco’s goal is Disrupting Tobacco’s(TM) nearly $1 trillion industry with herb and hemp-based alternatives to nicotine cigarettes by manufacturing and marketing herb, spice and cannabinoid smokables and rolling paper. Hempacco owns The Real Stuff(TM) functional hemp cigarette and rolling paper brand. Hempacco’s operating segments include manufacturing of smokables, hemp rolling paper, and cannabinoid sticks; smokable technology development; The Real Stuff brand of functional smokables and rolling paper; Cheech and Chong Hemp Cigarettes and Hemp Hop Smokables with Rick Ross; and Snoop Dogg joint venture of hemp-derived products. For more information about the company, please visit www.Hempacco.com.

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Sunnyvale.com & California Media Partners, LLC. All rights reserved.