180 Life Sciences Corp. Announcing Acquisition Of Advanced Gaming Technology Platform, Progress On Legacy CBD Formulation, And Strengthened Balance Sheet; The Company Issued 1M Shares Of A New Series Of Series B Convertible Preferred Stock And Warrants To Purchase 3M Shares Of Common Stock Of The Co For The Acquisition Of The Gaming Technology Platform
Portfolio Pulse from Benzinga Newsdesk
180 Life Sciences Corp. (NASDAQ:ATNF) has announced the acquisition of an advanced gaming technology platform, marking a strategic shift into the iGaming market. The company has also made progress on its CBD formulation and strengthened its balance sheet by settling liabilities. The acquisition is expected to help meet Nasdaq's listing requirements and provide a competitive edge in the blockchain casino market.
October 03, 2024 | 12:40 pm
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180 Life Sciences Corp. has acquired a gaming technology platform, entering the iGaming market. This move is expected to help meet Nasdaq's listing requirements and strengthen its market position.
The acquisition of the gaming technology platform marks a strategic shift for 180 Life Sciences Corp. into the iGaming market, which is rapidly growing. This move is expected to help the company meet Nasdaq's listing requirements, which is crucial for maintaining its stock market presence. Additionally, the acquisition provides a competitive edge with advanced blockchain technology, potentially boosting the company's market position and stock price in the short term.
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