IM Cannabis Corp. Registered Direct Offering

IM Cannabis Corp. has entered into securities purchase agreements for a registered direct offering to sell an aggregate of 655,000 common shares at a purchase price of $2.00 per share. The offering is expected to gross approximately $1,310,000 before expenses. The proceeds are intended for working capital and general corporate purposes, potentially including the evaluation of additional business opportunities. The offering was made directly to accredited investors without a placement agent or underwriter, pursuant to an existing shelf registration statement on Form F-3. A prospectus supplement is expected to be filed, and the closing is anticipated around September 24, 2026, subject to customary conditions. The company also issued a press release regarding the offering's pricing. Forward-looking statements in the report are subject to various risks and uncertainties, including regulatory compliance, market conditions, competition, and geopolitical factors.