Rocky Mountain Chocolate Factory Closes $2.2M PIPE Financing Agreement; Proceeds To Support Company Growth
Portfolio Pulse from Benzinga Newsdesk
Rocky Mountain Chocolate Factory has closed a $2.2 million PIPE financing agreement. The proceeds from this financing will be used to support the company's growth.
August 06, 2024 | 9:10 pm
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Rocky Mountain Chocolate Factory has secured $2.2 million through a PIPE financing agreement, which will be used to support the company's growth initiatives.
The $2.2 million PIPE financing will provide Rocky Mountain Chocolate Factory with additional capital to support its growth initiatives. This is likely to be viewed positively by investors as it indicates the company's commitment to expansion and potential for increased revenues.
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