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Innocan Pharma Corp announces a private placement of 535,000 units at C$1.87 per unit, raising up to C$1,000,000. The proceeds will be used for working capital and general corporate purposes.
Innocan Pharma Corporation intends to complete a private placement of up to 535,000 units at a price of C$1.87 per unit for gross proceeds up to C$1,000,000. The offering is expected to close on or around September 17, 2026. Proceeds will be used for working capital and general corporate purposes, along with finder's fees. The units consist of common shares and purchase warrants.
Company Information
Company
INNOCAN PHARMA Corp
Location
1015, 926 - 5 AVENUE SW
Herzliya, Tel Aviv, Israel
About
Innocan is a pharmaceutical tech company that operates under two main segments: Pharmaceuticals and Consumer Wellness. In the Pharmaceuticals segment, Innocan focuses on developing innovative drug delivery platform technologies comprises with cannabinoids science, to treat various conditions to improve patients' quality of life. This segment involves two drug delivery technologies: (i) LPT CBD- loaded liposome platform facilitating exact dosing and the prolonged and controlled release of CBD into the blood stream. The LPT delivery platform research is in the preclinical trial phase for two indications: Epilepsy and Pain Management. (ii) CLX CBD-loaded exosomes platform that may hold the potential to provide a highly synergistic effect of regenerating and anti- inflammatory properties targeting the Central Nervous System (CNS). In the Consumer Wellness segment, Innocan develops and markets a wide portfolio of innovative and high-performance self-care products to promote a healthier lifestyle. Under this segment Innocan has established a Joint Venture by the name of BI Sky Global Ltd. that focuses developing on advanced targeted online sales. https://innocanpharma.com/
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