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Kanabo reports loss in H1 amid reverse acquisition costs

Investegate announcements from Kanabo Group PLC, Annual Financial Report

and First Day of Dealings Kanabo Group Plc (formerly Spinnaker Opportunities Plc) announces that admission of the Company's ordinary shares to trading on London Stock Exchange ("Admission") will take place and dealings will commence at 8.00 a.m. today under the ticker KNB (ISIN: GB00BYQCS703). Highlights -  The Company has raised gross proceeds of £6 million through an oversubscribed fundraising; -  Kanabo Research Limited has the only medically-approved vaporisation device, the VapePod®, which provides metered dosages of its proprietary cannabis-based oil formulations; -  Kanabo is alre...

2 February 2021 | 14:04pm StockMarketWire.com - Technology business investor Vela Technologies said has agreed to invest £150,000 in Spinnaker Opportunities (to be re-named Kanabo Group). The investment is part of Spinnaker's placing and subscription to raise £6 million in conjunction with its reverse takeover acquisition of Kanabo Research Limited. Kanabo is an Israeli-founded medical cannabis company that makes vaporisers and CBD products. Admission of the enlarged share capital of Spinnaker to trading on the main market of the London Stock Exchange is expected to take place on 16 Februar...

IN BRIEF: Vela Tech To Invest GBP150,000 In Spinnaker Opportunities Tue, 2nd Feb 2021 13:31 Vela Technologies PLC - Bingley, England-based company with investments in early-stage disruptive technology businesses - Agrees to invest GBP150,000 into Spinnaker Opportunities PLC - to be re-named Kanabo Group PLC - through the subscription for 2.3 million shares at 6.5 pence each, with the new cash to support Kanabo's operations. The investment is as part of Spinnaker's placing and subscription to raise GBP6.0 million in conjunction with its reverse takeover acquisition of Kanabo Research Ltd. Admi...