InvestorNewsBreaks – Hempacco Co. Inc. (NASDAQ: HPCO) Closes on $7.245M Public Offering
Hempacco (NASDAQ: HPCO), a vertically integrated hemp manufacturing company, has closed on its upsized underwritten public offering. The offering consisted of an estimated 4,830,000 shares of common stock, including an additional 630,000 shares issued pursuant to the full exercise of the overallotment option by the underwriters. According to the announcement, the common shares were sold for $1.50 per share, resulting in gross proceeds of some…