IM Cannabis closes sale of IMC Holdings to Slil for C$3 million advance payment
Bitget2026/09/29 11:08- IM Cannabis closed the sale of IMC Holdings to Slil.com Holding on Sept. 29, 2026, exiting its Europe-focused operations.
- Consideration included a prior C$ 3 million advance payment; no securities were issued or exchanged in the deal.
- The transaction leaves up to C$ 9.4 million of specified liabilities in IMC Holdings, excluding liabilities held at operating subsidiaries.
- Unaudited pro forma analysis points to about C$ 3 million improvement in shareholders’ equity, with working capital and leverage also expected to improve.
- IM Cannabis plans to concentrate resources on its retained Israeli medical cannabis business while evaluating additional opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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