InterCure Secures Financing of up to NIS 54M

InterCure has signed a binding term sheet for an initial private placement raising NIS 22 million (US$7.4 million), with the potential total proceeds reaching up to NIS 54 million (US$18.6 million). The financing is supported by both existing and new investors, including CEO Alexander Rabinovich.

By Khushi Singh, SA News Editor · Seeking Alpha ·

InterCure Secures Financing of up to NIS 54M

Tickers: $INCR

Topics: financing private placement term sheet

Read the full article at Seeking Alpha

More World news