InterCure has Secured Funding of NIS 66M to support the recovery of Nir Oz Facility [Yahoo! Finance]
Intercure Ltd. (INCR)
US:NASDAQ Investor Relations:
investor.incresearch.com/investors
Company Research
Source: Yahoo! Finance
The funding may increase to NIS 107M to support the expansion of the facility in collaboration with the "Tkumah" administration, post-war. The funding includes investments from key shareholders of the company, including CEO Alexander Rabinovich , as well as lead investors Yaron Yakobi and Tzahi Hagag who will become significant shareholders. Funding also includes a loan from a major Israeli bank. Completing the post-war damage recovery processes will enable the company to return to profitable growth without further delay, including exercising the cookies agreement and expanding international operations in Germany , the UK, and Australia The Company anticipates receiving additional substantial payments from the Israeli authorities, as part of the full compensation for war related damages, including loss of profits the Company is entitled to. NEW YORK and HERZLIYA, Israel Dec. 20, 2024 /PRNewswire/ -- InterCure Ltd. (NASDAQ: INCR) (TASE: INCR) (dba Canndoc) (" InterCure " or
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Sec Filings
- 12/30/24 - Form 6-K
- 12/20/24 - Form 6-K
- 12/20/24 - Form 6-K
- INCR's page on the SEC website