IM Cannabis signs LOI to buy 51% stake in Poland’s Space Defense Innovations
Bitget2026/09/23 11:30- IM Cannabis entered a non-binding LOI to buy 51% of Poland-based Space Defense Innovations on a fully diluted basis.
- SDI distributes BlueBird Aero Systems tactical unmanned aerial systems in Europe through subsidiary BlueAero Group, with exclusivity in Poland.
- Consideration includes IM Cannabis common shares and/or pre-funded warrants, capped so no SDI holder exceeds 19.99% ownership.
- Deal terms include a 24-month seller loan at 9% interest with 100% warrant coverage, exercisable at a 25% premium.
- IM Cannabis would receive a five-year call option for the remaining SDI shares, board control, and a EUR 2.3 million convertible credit line.
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