Daniel Reis-Faria's Significant Stake in Flora Growth Corp.


2025-10-10SEC Filing SCHEDULE 13D (0000912282-25-001062)

Daniel Reis-Faria, the Chief Executive Officer of Flora Growth Corp., has acquired a significant stake in the company through the purchase of 5,954,743 Token Pre-Funded Warrants on October 9, 2025. These warrants, purchased at $25.1899 each, amount to an approximate total value of $149,999,977. This acquisition grants Reis-Faria an 89.3% ownership in the company's common shares, based on the total outstanding shares as of October 9, 2025. The transaction was part of a private placement and is subject to shareholder approval. Additionally, Reis-Faria was appointed as a director and CEO on September 20, 2025. The filing also includes details of the Securities Purchase Agreement and Reis-Faria's Employment Agreement with Flora Growth Corp.


Tickers mentioned in this filing:FLGC