180 Life Sciences shares are trading higher. The company announced it issued 1 million shares of a new series of Series B convertible preferred stock and warrants to purchase 3 million shares to acquire Advanced Gaming Technology Platform.
Portfolio Pulse from Benzinga Newsdesk
180 Life Sciences shares are trading higher following the issuance of 1 million shares of Series B convertible preferred stock and warrants to purchase 3 million shares to acquire Advanced Gaming Technology Platform.
October 03, 2024 | 12:43 pm
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180 Life Sciences shares are up due to the issuance of new Series B convertible preferred stock and warrants to acquire Advanced Gaming Technology Platform.
The issuance of new shares and warrants is a strategic move to acquire Advanced Gaming Technology Platform, which is likely seen as a positive development by investors, leading to a rise in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100