- Net loss of $78.7 million, or a loss of $3.92 per diluted share, which included a one-time non-cash expense for goodwill impairment of $64.3 million, the change in fair value for the contingent value rights earnout of $17.3 million and a one-time expense of $7.5 million related to the closing of the Agrico business combination and Nasdaq listing.
The Hempshire Group Secures $539K Via Note Financing, Approves Incentive Plans And Incentive Awards
The Hempshire Group, Inc. (OTCPK:HMPSF) announced the completion of a note financing with certain insiders and other private investors of the company to raise CA$733,500, ($539,000) which is supported by secured, non-convertible promissory notes of the company issued to the lenders.
