Fundz

Oren Shuster Acquires Securities Of Im Cannabis Corp.

PRIVATEJan 17, 2023

Acquiring Company

Xolo

Acquired Company

IM Cannabis Corp

BerlinHerzliyaManufacturingBiotechnology3D Technology3D PrintingOtherManufacturingBiotechnologyFood and BeverageCommunity And LifestyleHealth CareMedicalCannabis

Description

Oren Shuster (the "Acquiror"), CEO, director and founder of IM Cannabis Corp. ("IMCC" or the "Company") (CSE: IMCC) (NASDAQ: IMCC), announces that he has acquired an aggregate of 856,704 common shares in the capital of the Company ("Common Shares") and 856,704 Warrants (as hereinafter defined) pursuant to a non-brokered private placement offering of units ("Units") of the Company (the "Offering").

Quick answer

Xolo is acquiring IM Cannabis Corp, announced January 17, 2023. Xolo is based in Berlin, Germany.

How much did Xolo pay for IM Cannabis Corp?
The deal value was not disclosed.
What does Xolo do?
We are a Berlin based deep science 3D-printing start-up, poised to bring volumetric 3D-printing to the market and change manufacturing for many industries.
Where are Xolo and IM Cannabis Corp based?
Xolo is based in Berlin, Germany. IM Cannabis Corp is based in Herzliya, Tel Aviv, Israel.
Who are the decision-makers at Xolo?
Fundz holds 1 contact at Xolo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Xolo

Location

Berlin, Germany

About

We are a Berlin based deep science 3D-printing start-up, poised to bring volumetric 3D-printing to the market and change manufacturing for many industries. Our team has built deep science companies with amazing products and is firmly rooted in the scientific community. We know what it takes to go all the way from a great idea to a great company. We are backed by top investors and hiring people who are impact driven and as committed as we are.

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Frequently asked

Who acquired IM Cannabis Corp?

IM Cannabis Corp was acquired by Xolo, based in Berlin. The deal was reported on January 17, 2023. We are a Berlin based deep science 3D-printing start-up, poised to bring volumetric 3D-printing to the market and change manufacturing for many industries. Xolo is privately held and operates in Manufacturing.

When did Xolo acquire IM Cannabis Corp?

Xolo's acquisition of IM Cannabis Corp was reported on January 17, 2023. Oren Shuster (the "Acquiror"), CEO, director and founder of IM Cannabis Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IM Cannabis Corp do?

IM Cannabis Corp. (IMC) is a leading medical cannabis company with operations in Israel and Germany. It is publicly traded (IMCC), operating in Other, and is based in Herzliya.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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